Nice quarter GM
Welcome to the Know the Difference Minute for Tuesday, April 25th. 
Things are looking pretty good for General Motors. Its raised its full-year profit outlook for the year, citing consumers' willingness to spend big on high-end models. Demand is strong with buyers dropping an average of over $50,000 per vehicle. And unlike competitor Tesla, don’t look for price cuts on the GM EV line. 
There are stops and starts on the EV highway. A day after announcing a $3 billion investment in a joint EV battery project with Samsung, GM announced it’s killing one of the OG EV’s—the Chevy Bolt. Battery fires and slow sales will do that. 
The auto industry is closely watched for signs of weakness. Considering recession fears and high interest rates—it’s not so much if—but when things start to slow. 
For GM at least, that time isn’t now. 
I’m Dave Spano from Annex Wealth Management.  That is your Know the Difference Minute.