General Motors (GM): Scrapping an $11B EV bet to print cash [Q2 2026]

General Motors delivered the best first-half EPS in corporate history this Q2 by aggressively unwinding its electric vehicle ambitions.In ~10 minutes:- Why shares ripped 5% despite a massive $2.3B GAAP write-down.- The $6.3B deferred SaaS loop hiding inside the balance sheet.- How civilian truck chassis are securing billion-dollar Army contracts.- Why Q4 will definitively break traditional auto seasonality patterns.The automaker has now swallowed $10.9 billion in total penalties over twelve months to resize its EV strategy to match reality. By intentionally capping battery expansion, GM is freeing up massive cash flow from its legacy internal combustion trucks while quietly scaling high-margin defense and software revenues off the radar.General Motors Company (GM) | Q2 FY2026AI-assisted production. Feedback/ticker requests: https://x.com/EarnUnscripted.