GM just hit a huge EV milestone as the auto industry faces a tumultuous year
1. GM's EVs reported variable profit-positive status in 2024. 2. Aim to produce 300,000 EVs in 2024 after 189,000 last year. 3. Tesla is currently the only profitable EV producer in the U.S. 4. GM's shares fell over 10% due to concerns over new administration policies. 5. Potential tariffs and removal of EV incentives threaten future profitability.