General Motors CEO Worries Sale Of Treasury Owned Shares Will Hurt Stock Price

General Motors chairman and chief executive Dan Akerson said Tuesday the U.S. Treasury should ensure that its eventual exit of its 26.5 percent stake in the Detroit automaker doesn't hurt the company's stock price.

"I think the biggest challenge going forward for the U.S. Treasury is how do they exit?" Akerson told CNBC ahead of the company's annual meeting in Detroit. "There are a myriad of options and alternatives they could consider."

The government swapped most of its $49.5 billion bailout for a 61 percent majority stake in GM. The Treasury shed about half of its stake in GM's November 2010 initial public offering. The government has recouped about $23.1 billion of its bailout, but would lose more than $15 billion if it sold its stake today. GM's stock is down about 24 percent over the last year.

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