TechCrunch Mobility: Tesla vs GM: A tale of two earnings

The article from TechCrunch Mobility contrasts the recent earnings reports and strategic directions of two major automakers, General Motors (GM) and Tesla, amid a challenging market environment marked by tariffs and slowing electric vehicle (EV) growth. GM, despite a $1 billion hit from tariffs in Q2, remains committed to EVs as its "north star," offering a broad portfolio of over a dozen EV models, with Chevrolet ranking as the No. 2 EV brand in the U.S. GM emphasizes "flexibility," aiming to configure factories capable of producing both EVs and internal combustion engine (ICE) vehicles to adapt to shifting demand. Additionally, GM highlighted deferred revenue from software services like its Super Cruise advanced driver-assistance system. In contrast, Tesla is focusing heavily on future technologies such as autonomy and artificial intelligence, with CEO Elon Musk envisioning the company evolving beyond car manufacturing into areas like Optimus robots and autonomous vehicles. Although automotive sales still constitute about 74% of Tesla’s revenue, this