GM CFO Paul Jacobson on the outlook for its EV business
Did you make money on EVs. Were you profitable making money on EVs in the third quarter. >> No.As as we said, Phil, we had um about 40% of our vehicles were variable profit positive, meaning they were contribution positive, but they they weren't running EBIT profitability. And uh we started the year saying that we could scale our way uh into profitability. Obviously, demand is going to be quite a bit lower uh with the 7500 going away and uh and really adjusting to that.So what we've had to do is go in and s ...