GM Muses Spinning Off EV Operations to Better Court Investors

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Thread: GM Muses Spinning Off EV Operations to Better Court Investors

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    GM Muses Spinning Off EV Operations to Better Court Investors

     A new report from Bloomberg suggests that GM has been considering spinning off its electric ambitions for a while after seeing startups attract billions of dollars of investment without offering more than a sales pitch. Selling a bunch of real cars to customers is fine, but GM really wants to get back into the good graces of Wall Street, […]
    The post GM Muses Spinning Off EV Operations to Better Court Investors appeared first on GM Inside News.


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    Re: GM Muses Spinning Off EV Operations to Better Court Investors

    That would be a mistake. Most of these companies will crash and burn, a few will sail through.

    Remember Go.com and Yahoo?

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    Re: GM Muses Spinning Off EV Operations to Better Court Investors

    Remember Delphi. The plan was for it to trade as an internet stock. How did that work out.

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    Re: GM Muses Spinning Off EV Operations to Better Court Investors

    I think if they structured it right, they could keep collecting the 7500 per car credit. Might be smart if they can. An extra 1.5B per spun entity.

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    Re: GM Muses Spinning Off EV Operations to Better Court Investors

    Quote Originally Posted by Vagon11 View Post
    I think if they structured it right, they could keep collecting the 7500 per car credit. Might be smart if they can. An extra 1.5B per spun entity.
    They would need 51% ownership and a super tight hold on the Board

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    Re: GM Muses Spinning Off EV Operations to Better Court Investors

    Quote Originally Posted by mbukukanyau View Post
    They would need 51% ownership and a super tight hold on the Board
    Why not appoint a bunch of Ford family members to the BoD?
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    Re: GM Muses Spinning Off EV Operations to Better Court Investors

    Quote Originally Posted by mbukukanyau View Post
    They would need 51% ownership and a super tight hold on the Board
    Not really. If you look at many of the tech companies (Tesla included I think, as well as facebook) have classes of stock, and the founders stock counts more, like way way way more. In some cases, again I think facebook, the public stock is non-voting shares. So you don't have to own 51% to control a company. I don't agree with it, but somehow you can. I don't buy companies with structures like that. I know I am in the minority. But then I don't buy stock in companies who lose money all the time. And again I seem to be in the minority these days.

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    Re: GM Muses Spinning Off EV Operations to Better Court Investors

    Quote Originally Posted by Vagon11 View Post
    I think if they structured it right, they could keep collecting the 7500 per car credit. Might be smart if they can. An extra 1.5B per spun entity.
    I think this would be there main strategy for doing it. That and they would have more Development money for the remaining Ice models.
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    Re: GM Muses Spinning Off EV Operations to Better Court Investors

    Quote Originally Posted by Rumpole View Post
    Remember Delphi. The plan was for it to trade as an internet stock. How did that work out.
    With certain history of things at GM, I'd say they should take a hard pass. Too many half arsed ideas get the go ahead any more it seems.

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