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Compound248 💰
"That thing that rich people do where they turn money into more money. Can you teach me how to do that, Jack?” - Tina Fey, 30 Rock Jack, “With my eyes closed.”
Compound248 💰
Compound248 💰Jan 9, 11:25
The EV revolution seems to be going great for legacy ICE auto manufacturers. $GM announces a $6 BILLION loss on EV capacity reduction in Q4 ‘25, with more losses to come in 2026, comprised of $1.8B non-cash and $4.2B of cash costs. That follows $1.6B in Q3. Is that good?
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