GM CFO Says Rivals Were Selling EVs For 'Whatever They Could Get' During Third Quarter Earnings Call Amid $1.6 Billion EV Charge - General Motors (NYSE:GM)

General Motors Co. (NYSE:GM) CFO Paul Jacobson says that emissions regulations and EV credits encouraged some rivals to sell EVs at lower prices during the company's third-quarter earnings call.Competitors Selling EVs For ‘Whatever They Could Get'Speaking to analysts during Tuesday's earnings conference, Jacobson said that there has been a "significant pullback in demand" for electric vehicles since President Donald Trump ended the $7500 Federal EV Credit."We had a number of competitors out there that reall ...