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2 mins read
'We are nothing but numbers to them, fat to be trimmed off': General Motors employee reacts to layoffs
A General Motors employee took to LinkedIn and shared his experience of getting laid off. He reveal…
6 mins read
Ahead of its mega IPO, why is Hyundai Motor India's GMP tanking?
Generally, a higher GMP is seen as a positive sign, indicating that there is increased demand and…
2 mins read
QIBs swoop in to save the day: India's biggest ever IPO fully subscribed!
QIBs (Qualified Institutional Buyers), who had been offered about 19.89% of the total issue pie, en…
1 min read
Goldman Sachs beats Wall Street forecasts as investment-banking fees surge 20%
Goldman Sachs reported third-quarter earnings on Tuesday that surpassed analysts' expectations.
Theron Mohamed
8 mins read
NYC's EV revolution is riding on Uber and Lyft drivers
Switching Uber and Lyft drivers to EVs in New York City is key to spurring the build out of more ch…
Catherine Boudreau
2 mins read
MG Motor India plans to dilute majority stakes to local partners
MG Motor India on Wednesday said it plans to offer majority stakes to local partners over the next …
PTI
2 mins read
Cathie Wood's Ark Invest buys GM for the first time, snapping up $6 million in shares in a change of heart
The first stake in GM marks a change of heart for Wood, who has previously said legacy automakers "…
Zahra Tayeb
2 mins read
Cathie Wood pours cold water on the rally in traditional automakers, calling recent surges in Ford and GM stock 'ridiculous'
"They soared on those electric vehicle announcements, think about that, that's ridiculous," Cathie …
Matthew Fox
5 mins read
A San Francisco Lyft driver shares how Waymo's self-driving taxis are competing with his top earnings strategy: short rides
A San Francisco Lyft driver says Waymo's self-driving taxis are competing with him for the most pro…
Jacob Zinkula
3 mins read
China doesn’t want US cars like Ford and General Motors. That’s a big problem for their futures.
In today's edition: Using AI to generate headshots, Mark Zuckerberg's grilling session, and more he…
Diamond Naga Siu
3 mins read
Insider Transportation: GM's risky battery bet, Uber avoids a shutdown, airports adapt to the age of coronavirus, and more
Plus: American airports rebuild themselves for the age of coronavirus, we review the Polestar 2, an…
Alex Davies
1 min read
Walmart is investing in Cruise, GM's self-driving car company
Walmart says it wants to use the technology to bring self-driving delivery to customers and aid in …
Tim Levin
2 mins read
Made in America: these are some of the companies bringing manufacturing back to the US
Since the pandemic, many companies have unveiled plans to build new factories at home after being h…
Jyoti Mann
1 min read
The activist hedge fund that took on Exxon announced a stake in GM, putting its weight behind the car maker's EV vision
Engine No. 1 sees value in investing in General Motors, which has been increasing investment in its…
Carla Mozée
1 min read
Cadillac to take on Bentley and Rolls-Royce with $300,000 luxury electric sedan, report says
The Celestiq, which is expected to be unveiled this summer, is expected to cost $300,000, making it…
Ryan Hogg
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
2 mins read
Nikola jumps 11% as General Motors confirms partnership talks are ongoing
Nikola CEO Mark Russell said that the company would abandon its Badger pick-up truck ambitions if t…
Matthew Fox
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
Tesla could still fall more than 60% if it's valued as a traditional automaker like Ford or General Motors, CIO says
If Tesla was valued 3x as much as Ford, it would be worth $135 billion, representing an 89% decline…
Matthew Fox
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 …