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For many observers, this is more than a red flag. It looks like a message. If the person at the very top is selling, what does that say about confidence in GM’s future?
GM’s Electric Vehicle Fantasy
The Celestiq is supposed to be a shining example of GM’s electric future. Instead, it has become a symbol of everything wrong with the company’s direction.
Who exactly does GM think will line up to buy a $400,000 Cadillac EV? Even in the luxury space, Tesla already dominates the market — and GM’s “answer” is to charge even more for a car that looks like it was designed by committee.
This isn’t new for GM. The company has a history of chasing bad ideas until taxpayers are forced to pick up the pieces. We saw it during the financial crisis, when GM’s poor decisions nearly ended the company until Washington stepped in with billions in bailouts.
Chasing Mandates Instead of Customers
Here’s the deeper problem: GM isn’t building cars for the American people anymore. It’s building them for bureaucrats.
Executives in Detroit are pouring billions into electric vehicles not because Americans are demanding them, but because Washington politicians keep writing mandates and subsidies that push companies in that direction.
The result? A $400,000 Cadillac that most drivers can’t afford, and a lineup of EVs that ordinary families simply don’t want.
Meanwhile, Mary Barra is selling stock while assuring everyone else the company is on the right track.
Taxpayers Already Saved GM Once
It’s worth remembering — taxpayers already rescued this company when it should have been left to fail. Families across America funded the bailout, only to see GM return to the same failed habits of ignoring customers and chasing political trends.
Instead of producing vehicles people are lining up to buy, like Ford does with its trucks, GM is betting everything on niche EVs that have no real market.
And now, while Americans are priced out of cars, GM’s CEO is quietly taking money off the table.
A Recipe for Another Bailout?
This isn’t just about one stock sale or one overpriced Cadillac. It’s about a company that seems to have forgotten who its customers are.
General Motors used to understand the American driver. But somewhere along the way, that connection was lost. Today, they’re making boardroom decisions and hoping government subsidies will carry them through.
“When the CEO starts selling stock while pushing expensive EVs nobody wants, it sends a message.”
That message isn’t confidence. It’s a warning. And if GM doesn’t change course, taxpayers could once again be asked to rescue a company that refuses to learn from its mistakes.
