General Motors’ fourth-quarter earnings were widely framed as a show of confidence in an electric future. The company absorbed billions in losses and reaffirmed its strategy, and analysts largely applauded its resolve. Beneath the optimistic headlines, however, was a less reassuring reality: The all-electric transition is proving significantly more expensive, more fragile, and more politically exposed than automakers origina…
GM’s $7 billon loss exposes gap between EV optimism and market reality
February 09, 2026