GM is a "tech" company??? No, GM is just another American welfare "success" story. The American taxpayer bailed them out - no real bankruptcy was performed no matter what you try and call it. Heck, they even ended up owning possibly the most expensive real estate in Detroit/all of Michigan after a "so called bankruptcy". So, just like the media/government/media told you that was a bankruptcy, they are now telling us they are a "tech" company giving it high stock valuations ($85 target is the last one). The analogy would be if some entity completely paid off your house and you went around telling yourself what a fabulous business entrepreneur you are. GM had all their debt nearly completely erased by the taxpayer - that is it. Mary B didn't do anything. Heck the custodian could have been in charge and the same results would have happened. Now, fast forward to 2020/2021 and Wall Street is enthralled with everything EV and willing to throw money at anything EV. Tesla is a perfect example. It was never a $1000 stock and the past several months is proving it.
A lie is a lie. GM hasn't changed one bit (culture, product development, etc.). Are they a better company than Ford. Of course. Ford is either the bottom or near the bottom. But the best GM has done in the last 15 years as far as tech products is build a Chevy Volt and a Chevy Bolt. High tech - hardly. In the past few years, I have even seen more Tesla products in SE Michigan than I do the Chevy Bolt (unless they are M-plate vehicles).
And yes, GM has wined and dined enough wall street bankers the past few years to give glowing reviews and positive stock "Buy" forecasts. But in the end, it is just all just PR. In the end for both GM and Ford, everything EV is just replacement revenue for existing products. At some point, some analyst on Wall Street is going to bring up the "replacement revenue" subject and the stock bubble for GM will pop. GM (and Ford for that matter) will never be treated like a tech company like Tesla by Wall Street. Because both have a 100 year old legacy cost structure that they cannot get rid of and every dime they make goes to support that structure. And even if they make an extra dime, the cost structure will demand they give it to them, not invest in future technology, products, or new business.
And for those people out there who will say, but GM is building battery plants, blah, blah, blah. Yeah, that ought to work out good long term. GM proved how good they were in the parts business in the 70's, 80's and 90's. The result was a spinoff of Delphi. GM will spend (waste) hundreds of millions of dollars on battery development and never be a top tier battery supplier (no matter how many super bowl commercials they make touting their new battery systems). In fact they made the last super bowl commercial before they even made production level batteries!