General Motors is set to report second-quarter earnings, with investors watching for the impact of President Trump’s auto tariffs. The company is trying to counter tariff risks by investing $4 billion in U.S. plants. GM lowered its 2025 earnings guidance due to possible $4-5 billion impact from auto tariffs. Wall Street expects adjusted earnings per share of $2.44 and revenue of $46.4 billion.

GM’s full-year guidance includes adjusted earnings before interest and taxes of $10-12.5 billion, down from previous estimates. The company will also be discussing its commitment to electric vehicles. Trump’s new tax-and-spending bill will end the $7,500 tax credit for new electric vehicles after Sept. 30, potentially affecting the industry. GM’s stock remains rated overweight with a price target of $56 per share.

Read more at CNBC: General Motors (GM) earnings Q2 2025