GM says EVs are its ‘North Star’ as legacy automaker chases Tesla

While Tesla remains the No. 1 electric vehicle manufacturer in the U.S. by far, General Motors said it has secured the No. 2 position and believes it has an “inherent advantage” when it comes to EVs. GM CFO Paul Jacobson said the automaker’s leg up lies in the diversity of its lineup across gas and electric vehicles, as EV demand fluctuates. Automakers are faced with changing demand for EVs, heightened by President Donald Trump’s new tax-and-spending bill. The Chevrolet display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC

While Tesla remains the No. 1 electric vehicle manufacturer in the U.S. by a wide margin, General Motors said on Tuesday it has secured the No. 2 position and believes it has an “inherent advantage” when it comes to

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