GM's $6 billion writedown signals a major pivot in the automotive giant's EV strategy. The decision to scale back electric vehicle commitments raises interesting questions about capital deployment and market timing. When legacy automakers recalibrate their investment thesis, it often reflects broader market realities—cost pressures, demand curves, profitability timelines. This kind of strategic retreat in traditional industries can ripple across the economic landscape, affecting energy infrastructure, raw material demand (think lithium, cobalt), and investor confidence in green tech narratives. For those tracking macro trends, it's worth asking: what does this mean for renewable energy adoption rates? Will capital that was earmarked for EV expansion shift elsewhere? These macro shifts matter because they shape the investment environment where Web3 and crypto projects operate. When traditional finance recalibrates, alternative asset classes often feel the secondary effects.