General Motors now has what Tesla's missing -- an upbeat outlook for earnings and US vehicle demand, @liamdenning says https://t.co/idr4f3WFKV via @opinion
General Motors' net income rose 12% last year despite losing more than $1 billion when many of its plants were shut down by a six-week autoworkers' strike. https://t.co/2viTTGBDSc
General Motors now has what Tesla's missing -- an upbeat outlook for earnings and US vehicle demand, @liamdenning says https://t.co/cjtxpjbb3M
General Motors made $10 billion last year despite United Auto Workers strike https://t.co/3vsGx5NUvm
General Motors sees potential for a profit rebound this year despite easing prices https://t.co/46EikN8JNG https://t.co/46EikN8JNG
General Motors stock soars 6.5% after earnings crush estimates https://t.co/PAO8T9qk3t
General Motors beats Wall Street expectations for the fourth quarter and expects profits this year to grow on improved sales in the US https://t.co/ffMv0MPyc6
General Motors reports fourth quarter earnings Tuesday. The company said in November that it expects to earn about $10 billion in 2023
General Motors reported its fourth quarter earnings on Tuesday, surpassing Wall Street expectations and forecasting a profit increase for 2023 based on improved sales in the US. The company had previously indicated in November that it expected to earn about $10 billion this year. Following the earnings report, GM's stock price surged by 6.5%. Despite a six-week strike by the United Auto Workers, which resulted in over $1 billion in losses due to plant shutdowns, General Motors still managed to achieve a $10 billion profit in 2022 with a net income increase of 12% last year.