02:23:28 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



General Motors Company
Symbol GMM
Shares Issued 1,500,039,985
Close 2017-03-29 U$ 35.51
Market Cap U$ 53,266,419,867
Recent Sedar Documents

Globe/wire say Tesla market cap gaining on GM

2017-03-30 08:11 ET - In the News

The Globe and Mail reports in its Thursday, March 30, edition that the agitations from General Motors investors may be far from over. A Bloomberg dispatch to The Globe reports that while GM has the Chevrolet Bolt electric vehicle hitting the market this year ahead of Tesla's Model 3, the upstart run by Elon Musk is gaining on GM in market capitalization. Over the last three years, Tesla shares have surged 73 per cent and GM's slipped 3.5 per cent. At $45.3-billion (U.S.), Tesla's market cap is now just $8-billion (U.S.) less than GM's. The next industry sales dip will determine whether GM can find love from investors, says Wall Street analyst Maryann Keller. She says, "If GM can sustain profits in a down cycle, then people will notice."

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