General Motors' focus on balanced growth in the EV market has positioned them well. Despite the slowdown, GM's profit margins remain strong thanks to their production of both EVs and traditional vehicles. Strategic moves like the IRA credits and cost-cutting measures have contributed to their leadership in EV profitability. The key challenge they face is meeting demand for lower-priced EV models, as this is crucial for achieving their targets. Compared to Tesla, GM's conservative approach has allowed them to maintain pricing stability.
