“The Model S was a breakthrough and ushered in quite a number of technologies people hadn’t seen before,” said Sam Abuelsamid, an executive at Telemetry, a Detroit communications and research firm.
The automaker said that it would buy back stock worth up to $6 billion and that it expected profit to rise this year after it pulled back from electric vehicle production.
A General Motors factory in Spring Hill, Tenn. G.M. said on Tuesday it planned to introduce a more advanced version of its Super Cruise driver assistance system in 2028.
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