GM stock value fell sharply on Tuesday following the release of the automaker's Q2 2025 earnings report, revealing a hefty 35.4-percent decline in net income.

US stocks closed mixed Tuesday, but the benchmark S&P 500 (^GSPC) was able to eke out a new record as Wall Street digested a new batch of earnings, including a tariff warning from General Motors (GM),

GM warned the toll could grow in the second half of the year, reiterating its previous estimate of a $4 billion to $5 billion hit for the year. Shares dropped 7% during the day, even as the company's adjusted earnings per share of $2.

General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst expectations for the period on Tuesday, supported by strong sales of its core gasoline trucks and SUVs.

Analysts said GM may need to cut investment in future projects or find other ways to trim spending to offset the effect of tariffs.

General Motors (NYSE:GM) faces tariff pressures despite solid mitigation efforts, impacting profits and shares. Learn how trade risks shape GM's outlook.

The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.

GM’s stock dropped more than 7% after carmaker reported$1.1 billion in tariff costs in the second quarter, despite mitigation efforts.

General Motors ( NYSE: GM) is scheduled to announce Q2 earnings results on Tuesday, July 22nd, before market open. Wall Street, on average, expects the automobile company to post a quarterly EPS of $2.46 (-19.6% Y/Y) on revenue of $45.82B (-4.5% Y/Y).