Amid layoffs and plant closures, GM wants the taxpayers to pony up 7500 for every EV vehicle sold?

So let’s see GM is laying off employees to fund EV and AV. GM is closing plants to fund EV and AV. And now GM wants taxpayers to fund EV and AV?

What a bunch of pigs at the trough.

Let the GM executives fund the GM EV rebates, maybe then they would focus on building vehicles people want to purchase.

If the executives do not have enough faith in their products to personally fund the EV rebates, then that says everything we need to know.

The level of Greed and entitlement shown by the GM executives is sickening. No matter what GM makes in the future, and I would never buy it.

The more I study Toyota management and success, the more I know that GM is in deep trouble. It has nothing to do with the union. It has to do with BLOWing instead of GOing, catering to Wall Street and GREED.

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I concur with Greed and entitlement. GM is not a charity. If GM is unable to operate as a business, then it should cease. Some other company will fill the void.

GM claims the layoffs are to fund EV, so they should not need taxpayer handouts. We all know the handouts will go directly into the pockets of the executives. Same story with every government handout. What did the banks do with their bailout money?

Basic math shows executives getting bonuses for Reduction in Force actions that are equivalent to/more than the sum of the annual salary of all those RIFed. If GM executives had a reasonable pay scale and the RIF money clearly funded EV, then maybe John Q. Public might agree to treat GM as a charity.

I don't understand how letting the EV tax credit expire helps GM. If anything the $7,500 credit helped GM get out in front of the biggest vehicle trend in the past decade and avoid even worse cuts.

So you want GM to stop investing in Electric Vehicles? You think developing the vehicle technology of the future ahead of every other major auto manufacturer is short-sighted Wall Street greed?

GREED is right. GM restructuring itself for market disruption? Bullshxxt!! What about Mary's $22M package? GM is about to run out of $7,500 tax refunds for EV. Oh, now they want the taxpayers to bail them out some more while the company is doing good? Extended or permanent $7,500 EV tax refunds? Hell No! The executive team at GM sure is smoking some really good stuff.

While all of those perspectives are relevant, the most revealing aspect of GM’s announcement may well be what the layoffs say about broader technology trends. GM’s layoffs are not just incremental but existential, in that sense: They are about accelerating the staffing changes mandated by the company’s aggressive transition from analog to digital products and from gasoline to electric power. As such, the new layoffs (and associated future hirings) are likely an augury of much more disruption coming — in the auto sector, for sure, but also in firms all across the economy.

You ain't getting sh-- a--holes

Thread regarding General Motors layoffs

Amid layoffs and plant closures, GM wants the taxpayers to pony up 7500 for every EV vehicle sold?

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