Breaking Down GM’s Big Analyst Day
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 6 October 2021
⏱️ 43 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Life in the Nasdaq Markiside overlooking New York City's Times where this is fast money |
| 0:04.2 | I'm Alyssa Lee. |
| 0:05.2 | Tonight's Trader lineup, Guy Domey, Tim Seymour, C. Grasso, and Karen Prynerman will |
| 0:08.7 | join us in just a few minutes. |
| 0:10.2 | Tonight on fast or red alert, in energy, natural gas prices going wild. |
| 0:14.0 | We're breaking down the big move and the key names to trade plus Tim says this is the |
| 0:18.4 | one chart that should have every investor concerned what it is and how he is trading |
| 0:22.8 | it. |
| 0:23.8 | And later Elon Musk, a dog in a crypto-triple, don't worry we'll explain. |
| 0:28.5 | We start off with breaking news from GM shares on the move after the company said new |
| 0:32.2 | targets for revenue and operating margins is good, straight to fill a bow who is in |
| 0:35.5 | Warren, Michigan with all the headlines for the investor day, Phil. |
| 0:40.5 | Melissa, we're getting a little more clarity from CFO Paul Jacobson about how General |
| 0:44.5 | Motors plans to double its revenue annually by 2030. |
| 0:48.4 | As you take a look at shares of General Motors, taking a little bit higher after hours, a |
| 0:51.9 | couple of things to keep in mind from the targets that have just been set out. |
| 0:55.4 | They do plan to double their annual revenue to about $280 billion by 2030. |
| 1:00.5 | They get there by taking 140, which was the annual revenue pre-COVID. |
| 1:04.8 | And they say, look, we think we can double it. |
| 1:06.9 | They're targeting margins of 12 to 14% and the EV revenue by 2030, $90 billion for a point |
| 1:14.1 | of context. |
| 1:15.1 | They only expect to be doing $9 billion in EV revenue in 2023, a couple of years from |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

