GM upbeat on 2024, betting on a 'resilient' US economy
General Motors on Tuesday reported lower pre-tax profit for the fourth quarter but gave investors an upbeat outlook for 2024 and signaled more capital could be returned to shareholders. "Consensus is growing that the U.S. economy, the job market and auto sales will continue to be resilient," GM Chief Executive Mary Barra told investors in a letter.In contrast, Tesla Chief Executive Elon Musk cautioned investors last week that the world's most valuable automaker expected a year of slow growth, prompting a se ...