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GM Stock Looks Undervalued After $1.6B EV Reset

General Motors’ strategic pivot on its EV plans, backed by a dominant and highly profitable core business, signals a disciplined focus on long-term value.

General Motors NYSE: GM announced on Oct. 14 that it will take a significant $1.6 billion charge in its third-quarter earnings report results, a move directly tied to a strategic realignment of its electric vehicle (EV) production plans. On the surfa… [6195 chars]

Source: MarketBeat | Published: 2025-10-15T22:09:00Z

Credit: MarketBeat

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