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Danny Lee

Bloomberg

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NeutralStock Picks 2026-08-11

Danny Lee (Bloomberg) tells Bonnie Quinn GM's EV bet has cost $11bn in write-downs on $35bn invested and has not paid off, hence the battery JV retreat.

The fact that it's had $11 billion of write downs and also the investment it has made 35 billion overall in EVs and it's really not paid off so far.

Danny Lee · Bloomberg · https://www.youtube.com/watch?v=T9t9BN2nID0 @19:31 ↗

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