for that, we bring in our detroit bureau chief david welch. david, as isabel was telling us, investors do not like the forecast which assumes no policy changes, which raises the question, what is the value of giving and outlook when it is not seen as realistic by your audience david: trumps tariff plans are very unpredictable. he threatens them, doesn't go through with them. they could be only for certain commodities which could protect the auto industry. it is tough for any company to go out and give a forecast based on a policy that they cannot see at the moment. also the market knew the stuff was coming. it really underscored on the earnings call with analysts, gm didn't have any detail on a plan of how to deal with these tariffs. you mentioned earlier the shares were up more than 50% last year. if you look at their upgraded guidance, it is mostly the fact that they are closing down crews as the robotaxi business. the rest is a minor upgrade. china is doing better, the u.s. market is still strong for general motors, but it is not a big year

joining us to discuss is david welch. ere caught off guard by the company itself boosting me forecast around auto sales. what went wrong here? david: tesla is hitting a what where the market for selling ev's is very mature. they got a lot of competition. we have seen these meteoric growth rates from tesla. there was good competition in china but it was still ramping up. there was almost no real competition in the west you had ford. gm was not a production in earnest. pond i and kia were just getting started -- hyundai and kia were just getting started. now you have a pretty good number from korean brands. that is posing real competition for tesla. you mentioned the cyber truck earlier. the tax credits will help but it's a niche product. it's expensive. it's pretty strange looking. not a mass-market vehicle. tesla's lineup had four of the same vehicles going back a decade with the model s that kind of looked the same. debt has not had major overalls and styling. the cabins are not superlight furious or nice. they have not c