You Searched For "GM stock" and got 20 results
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2 mins read
Lordstown Motors falls 10% as Morgan Stanley says the EV maker sold its Ohio factory for a fifth of its value
Morgan Stanley valued Lordstown stock at just $2 following the company's $230 million deal with Fox…
Natasha Dailey
2 mins read
Lordstown drops 18% after announcing production updates and a $230 million deal to sell Ohio plant to Foxconn
The company said it "continues to move forward with its plan to build a limited number of vehicles,…
Natasha Dailey
1 min read
Elon Musk pokes fun at elite investor Bill Miller for shorting Tesla stock when it was less than half its current level
Tesla's market value has surged about 116% since the legendary investor Bill Miller said he was sho…
Zahra Tayeb
2 mins read
GM jumps 9% to record high after Microsoft announces investment in the company's self-driving car subsidiary Cruise
General Motors rose to an intraday record high of $54.42 on news that its self-driving subsidiary, …
Emily Graffeo
1 min read
Lordstown Motors slumps 15% on announcement of CEO and CFO resignation
Shares of the electric-vehicle maker have now lost about half their value since the beginning of th…
Natasha Dailey
2 mins read
Tesla stock's sizzling rally won't last as old-guard rivals like Ford and GM pile into the EV space, analyst says
Tesla shares have jumped 109% year-to-date, but Wall Street giants including Goldman Sachs are now …
George Glover
2 mins read
GM could soar 50% as the auto maker trades more like a tech company in coming years, Wedbush says
"The software and services business attached to the EV shift represents a potential gold mine," Wed…
Carla Mozée
2 mins read
General Motors leaps 7% after 3rd-quarter earnings double analyst expectations
Strong truck and SUV sales in North America and China helped pull GM out of its virus-induced slump…
Ben Winck
2 mins read
Tesla bull Cathie Wood said the EV leader's top rivals are Google's Waymo and GM's Cruise
Even so, "Tesla's capabilities are at least three years ahead of all competitors," Wood wrote in a …
Natasha Dailey
4 mins read
The global chip shortage is hurting businesses and could be a national security issue. Here are 9 quotes that help explain what that means for the market.
A global chip shortage is shutting down car manufacturers and slowing PS5 deployment, but if supply…
Will Daniel
2 mins read
GM jumps 10% after Deutsche Bank adds it to buy list on potential electric-vehicle spinoff
Separating GM's EV business would "force the market to recognize its robust EV technology and upcom…
Carmen Reinicke
3 mins read
Avenue Supermarts: Many roadblocks to clear on its growth runway
The third quarter earnings of Avenue Supermarts, which runs DMart lacked the festive boost, as its …
2 mins read
Warren Buffett's Berkshire Hathaway has quietly racked up a $6 billion gain on GM and BYD in under 5 months
The billionaire investor's stakes in the two automakers have made him a big winner in the electric-…
Theron Mohamed
2 mins read
Nikola surges 13% after GM president reiterates confidence in partnership plans
The two companies are still in talks, and GM president Mark Reuss said he sees "great efficiencies"…
Ben Winck
2 mins read
Warren Buffett's Berkshire Hathaway scores $1.5 billion gain on GM stock in under 4 months
The billionaire investor's company backed the automotive titan in 2012, and now commands a roughly …
Theron Mohamed
2 mins read
Tesla bull sees the stock soaring another 18% on higher EV demand in China and potential boost from adjustments to US tax credit
Tesla price cuts in China are bolstering demand while the "Twitter overhang" is moving into the bac…
Carla Mozée
1 min read
Electric air-taxi startup Lilium set to merge with former GM executive's SPAC in $3.3 billion deal
The electric taxi-jet under development at Lilium has a projected cruise speed of 175 mph at 10,000…
Matthew Fox
2 mins read
Tesla stock could rally 35% as recent price cuts have already been a huge success in China, Wedbush's Dan Ives says
Tesla's price cuts have resonated with customers in China, making the move a "huge success story so…
Jennifer Sor
2 mins read
Warren Buffett is eager to invest $80 billion. That's enough to buy GM, FedEx, or Activision Blizzard.
The famed investor's company could easily afford Twitter, Chipotle, Ford, eBay, and other blue-chip…
Theron Mohamed
2 mins read
Elon Musk beat the odds with Tesla by building hype then converting it into cash, legendary investor Jeremy Grantham says
Jeremy Grantham hailed Elon Musk's ability to build hype and Tesla's unlikely success, and poked fu…