Entering new markets
Investors in General Motors are now assessing the pace of the company's transition to electric vehicles and the chances of competition. But GM shares can get a boost not only from successes in the electric car market, but also i...
Sales in the second quarter
General Motors reported strong growth in its car deliveries in the second quarter, but the figures were slightly below forecasts. Investors see a rapid recovery in the industry after the...
Forecasts from UBS
Tesla shares fell on Tuesday as UBS cut its target price its growth forecast for the next 12 months was lowered from $730 to $660.
Tesla (TSLA) remains the global leader in electric vehicles, an analyst at Swiss bank UBS said on ...
Second quarter 2021
Ford said on Thursday that its expectations for the second quarter of 2021 have increased compared with April. Ford sees growing demand for its electric vehicles and also points to lower costs a...
New manufacturing plants
General Motors will increase its spending on electric cars, following a similar move by rival Ford, and also plans to open two new battery plants, Reuters reports. GM is counting on the US government to help f...
Model S Plaid presentation
Tesla went live on Thursday, demonstrating the long-awaited version of its ten-year-old Model S sedan, the Plaid. Elon Musk said the Model S Plaid is "faster than a Porsche and safer than a Volvo".
Tesla (TSLA) CEO Elon M...
Negotiations to supply batteries
Apple is in talks with CATL and BYD to supply batteries for its future electric cars, according to media reports. The main obstacle may be Apple's requirement that the batteries for the Apple Car be manufactured in t...
Reducing the price of batteries
In its drive towards full electric vehicle production by 2035, General Motors plans to reduce the cost of its most expensive component, the battery. GM is enlisting the support of partners and...
New electric vehicle from General Motors
The Hummer EV 2024 SUV was unveiled on Saturday. Unlike the Hummer EV Edition 1 pick-up, which will begin delivery in autumn 2021, the SUV will be l...
Popconductor shortages
The chip shortage problem has affected technology manufacturers around the world while shares of carmakers have fallen due to forced plant shutdowns, shares of semiconductor and semiconductor equipment manufacturers are rising...
Electric car market
Market research on new car registrations in the US has shown an increase in the market share of electric cars in 2020 to a new record high, with Tesla and General Motors leading the ma...
New Hummer model
The Hummer EV electric off-road vehicle, which will go on sale in the USA in the autumn of 2021, will be sold through existing GMC dealers, and General Motors does not plan to force sellers to sell this brand new...
Adding to S&P 500
The S&P Dow Jones Indice Index Committee decided to add Tesla shares to the S&P 500 in one step after consulting with investors. The addition will force the index funds to buy these sh...
Cooperation with Nikola
Due to the publication of a report on the General Motors website mentioning the cooperation with Nikola, the shares of the electric truck manufacturer jumped from $22 to $27.34 in ...
Large companies
CalPERS has invested in 3Q in Nikola (NKLA) and NIO (NIO), and has increased its shares in Tesla (TSLA) and multiplied its investment in Zoom Video Communications (ZM). CalPERS has submitted data on these investments to the Securitie...
GM electric cars on fire
General Motors announced the recall of 68,667 Chevrolet Bolt electric vehicles sold worldwide between late 2016 and late 2019. Most of these vehicles are registered in the USA.
The reason ...
Investing in autonomous driving
Investors hear the words "autonomous driving" from many well-known car manufacturers, from Tesla to BMW, but there is a big difference and millions of kilometres of real road trials.
However, companies such as: Waymo...
Cars without drivers on San Francisco Street
General Motors (NYSE: GM) Co. will take fully aunotomous cars to the streets of San Francisco, California.
Cruise , GM's drone development division, has received official permission from the California D...
General Motors profit increased by 74%
General Motors (GM) shares, which fell 3.7 per cent since the beginning of the year, increased by 3.9 per cent on trading in the fourth quarter after the company's results for the third quarter.
General M...
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