If You Invested $1,000 In General Motors Stock When Mary Barra Became CEO, Here's How Much You'd Have Today
Portfolio Pulse from Chris Katje
Since Mary Barra became CEO of General Motors (GM) in 2014, the company has focused on transitioning to electric vehicles. A $1,000 investment in GM when Barra took over would be worth $1,213.02 today, a 21.3% return. In comparison, the same investment in the SPDR S&P 500 ETF (SPY) would have returned 176.1%, and in Tesla (TSLA), 2,167.4%.
June 09, 2023 | 5:09 pm
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GM's stock has returned 21.3% since Mary Barra became CEO in 2014, focusing on transitioning to electric vehicles.
The article highlights GM's stock performance since Mary Barra became CEO in 2014. While the company has focused on transitioning to electric vehicles, its stock has underperformed compared to the broader market (SPY) and its main competitor, Tesla (TSLA). This suggests that the market may not yet fully appreciate GM's efforts in the EV space, resulting in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) has returned 176.1% since Mary Barra became CEO of GM in 2014.
The article compares GM's stock performance to the broader market, represented by the SPY ETF. While SPY has significantly outperformed GM, the news does not directly impact the ETF's short-term performance, resulting in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Tesla's stock has returned 2,167.4% since Mary Barra became CEO of GM in 2014.
The article compares GM's stock performance to Tesla's, with TSLA significantly outperforming GM since Mary Barra became CEO. However, the news does not directly impact Tesla's short-term performance, resulting in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 50