DONE, BUT I AGREE WITH YOU, IT HAS TO BE DONE QUICKLY TO ENABLE EV ADOPTION. >> MARY, IT'S MELISSA LEE AT THE NASDAQ MARKET SITE HOW DO YOU SHARE THE COST OR REVENUE OF THE CHARGING NETWORK WITH ELON MUSK, WITH TESLA AND DOES THIS MEAN THAT YOU MIGHT BE PARTNERING IN THE FUTURE BECAUSE ELON MUSK TWEETED JUST RECENTLY ON THE HEELS OF THE FORD ANNOUNCEMENT THAT HE WOULD BE WILLING IN THE FUTURE TO LICENSE OTHER TESLA TECHNOLOGY, LIKE FULL SELF-DRIVING AND AUTO PILOT. >> WELL, I THINK -- FGENERAL MOTORS HAS CREWS AND WE'RE ALREADY OPERATING LEVEL FOUR AUTONOMY IN THREE CITIES WITH TWO MORE BEING ADDED, BUT YOU KNOW, OF COURSE WE'RE GOING TO ALWAYS LOOK FOR WAYS TO BE MORE CAPITAL EFFICIENT, AND THIS -- THIS ARRANGEMENT ALONE, THIS COLLABORATION THAT WE'RE DOING, NEARLY DOUBLES THE AMOUNT OF CHARGERS THAT OUR GM CUSTOMERS WILL HAVE ACCESS TO, AND FRANKLY, WE THINK WE CAN SAVE UP TO $400 MILLION IN THE ORIGINAL THREE-QUARTER OF A BILLION DOLLARS THAT WE ALLOCATED TO THIS, BECAUSE WE'VE BEEN ABLE TO DO IT FASTER AND MORE EFFECTIVELY, AND WE'RE LOOKING AT WAYS THAT CAN BE FOR CAPITAL EFFICIENT. IF THERE'S OTHER OPPORTUNITIES TO PARTNER, YOU KNOW, WE'RE GOING TO BE VERY OPEN TO THEM, IN ADDITION TO THIS COLLABORATION WITH TESLA, WE HAVE A VERY IMPORTANT COLLABORATION WITH HONDA, WE ARE DEMONSTRATING THAT, WE'RE GOING TO CONTINUE TO DO THAT, BECAUSE I THINK BEING CAPITAL EFFICIENT IN THIS ENVIRONMENT THAT WILL ALLOW US TO GET THE BEST EVs OUT TO THE MARKET IS CRUCIAL IN THIS TRANSFORMATION >> MARY, IT'S PHIL I HAVE ONE OTHER QUESTION FOR YOU. WE ARE JUST A FEW MONTHS AWAY FROM THE UAW CONTRACT EXPIRING AND YOU'VE HEARD THE COMMENTS FROM THE PRESIDENT OF THE UAW, BASICALLY SAYING, HEY, LOOK, YOU AND THE REST OF THE BIG THREE HAVE HAD BIG PROFITS OVER THE LAST SEVERAL YEARS, AND THAT IT'S TIME FOR YOU GUYS TO QUOTE UNQUOTE PAY UP WHEN IT COMES TO THE RANK AND FILE MEMBERS WHO ARE BUILDING GM VEHICLES ARE YOU CONFIDENT YOU CAN AVERT -- AVOID A STRIKE IN THE FALL, GIVEN THE RHETORIC THAT'S ALREADY OUT THERE FROM THE UAW >> WELL, YOU KNOW, PHIL, I THINK IT'S IMPORTANT THAT WE ACTUALLY GET TO THE TABLE AND WE START TO PROBLEM SOLVE. OF COURSE, WE HAVE DIFFERENCES, BUT AS YOU TALK ABOUT RECORD PROFITS, ONE OF THE THINGS THAT I'M VERY PROUD OF IS, WE'VE SHARED THAT WITH OUR EMPLOYEES FROM A PROFIT SHARING PERSPECTIVE, SO, THEY'VE DONE QUITE WELL IN PARTICIPATING IN THE SUCCESS THAT THEY ARE IMPORTANT TO WHEN I THINK ABOUT THE MEN AND WOMEN OF GENERAL MOTORS AND THE FACT THAT JUST A FEW WEEKS AFTER WE, YOU KNOW, SHUT DOWN, WHEN NO ONE KNEW WHAT WAS HAPPENING IN THE WORLD WITH COVID, THEY CAME BACK, THEYFOLLOWED THE SAFETY PROTOCOLS, AND REALLY, YOU KNOW, JUST DID A PHENOMENAL JOB. SO, I COULDN'T BE MORE PROUD OF THE MEN AND WOMEN OF GENERAL MOTORS THAT WORK IN OUR -- WHETHER IT'S OUR FACTORIES, OUR WAREHOUSES, ACROSS THE COMPANY AND, YOU KNOW, WE WANT TO MAKE SURE THAT WE PROBLEM SOLVE, AGAIN, WE WANT TO FIND A SOLUTION THAT'S GOOD FOR THE COMPANY AND OUR EMPLOYEES. BECAUSE WE NEED TO CONTINUE TO REINVEST RIGHT NOW, WE'VE MADE SOME IMPORTANT ANNOUNCEMENTS ABOUT REINVESTING IN THESE PLANTS, BECAUSE I THINK JOB SECURITY IS VERY IMPORTANT TO DO THAT, THE COMPANY HAS TO BE SUCCESSFUL, SO WE CAN DEVELOP NEW PRODUCTS THAT CUSTOMERS WANT TO BUY SO, I LOOK FORWARD TO BEING ABLE TO HAVE CONVERSATIONS AND WORK THROUGH THE ISSUES THAT WE HAVE TO GET TO A SUCCESSFUL AGREEMENT. >> MARY, I'VE GOT A QUESTION FOR YOU REGARDING TWITTER. WHEN YOU TWEETED ABOUT THIS, THE SPACES THAT YOU'RE GOING TO DO WITH ELON TODAY, THAT WAS THE FIRST TIME YOU WERE BACK ON TWITTER SINCE OCTOBER 27th, I BELIEVE THE DAY IT WAS, WHEN ELON MUSK TOOK OVER. AT THAT TIME, GM DISCONTINUED ADVERTISING ON THE PLATFORM. ARE YOU BACK ON TWITTER? IS GM GOING TO CONTINUE ITS ADVERTISING? >> WELL, WE'VE BEEN ON TWITTER, ESPECIALLY FOR OUR CUSTOMERS, AS THEY HAVE QUESTIONS, AS THEY HAVE COMMENTS, AS THEY HAVE ISSUES, SO, WE'VE BEEN ON TWITTER ALL ALONG. WE'RE IN THE PROCESS OF REIMAGINING MARKETING. I THINK IT'S KNOWN THAT WE ARE IN THE MARKET TO BRING IN A NEW HEAD OF MARKETING, AND SO, I THINK THAT'S A GOOD QUESTION AND WILL BE ONE OF MY FIRST QUESTIONS WHEN THIS NEW PERSON JOINS THE GM TEAM, SO, I DEFINITE LY THINK IT'S POSSIBLE >> MARY, THANK YOU FOR JOINING US TODAY GM CEO MARY BARRA JOINING US FROM DETROIT ON A DAY, MELISSA, WHEN THIS IS SIGNIFICANT NEWS. YOU NOW HAVE TWO OF THE LARGEST AUTO MAKERS IN THIS COUNTRY, ESPECIALLY WHEN IT COMES TO EVs Y , JOINING IN WITH THE LARGEST EV COMPANY, TESLA, IN SAYING,
