High Battery Pack Prices? Wuling May Have Found a Solution With the Hongguang Mini EV
This Is What Investors Should Wish to Hear from Tesla During 'Tesla Investor Day'
1 Mar 2023, 20:51 UTC · By: Gustavo Henrique Ruffo / People are excited about the third-generation platform and a possible $25,000 Tesla. However, they should demand new promises
Stellantis Pays GM Just Under $1 Billion in Shares Buyback
14 Sep 2022, 13:52 UTC · By: Razvan Calin / The transaction will bring Stellantis some 69 million shares held by General Motors after it sold Opel/Vauxhall to PSA , five years ago
Why Elon Musk Refuses To Work With Bill Gates
23 Apr 2022, 16:28 UTC · By: Florin Amariei / Even billionaires have a hard time agreeing with each other. Here’s why Elon Musk is upset with Bill Gates. It matters more than you think
Rivian Is Ready to Make Its IPO: the Target Would Be $80 Billion
27 Aug 2021, 16:57 UTC · By: Gustavo Henrique Ruffo / In a press release, the company said it submitted a confidential draft to SEC for the “proposed public offering of its common stock.”
Panasonic Got Rid of All of Its Tesla Shares Last Fiscal Year
25 Jun 2021, 05:30 UTC · By: Gustavo Henrique Ruffo / The deal would have given the Japanese $730 million to fund new investment strategies, but the market sees that as a move for independence.
Tesla's Q1 Loss and Ambitious Plans Drop Share Value by 5%
6 May 2016, 08:39 UTC · By: Sebastian Toma / Skepticism towards Tesla's ambitious production plans led to a 5% decrease in share value for the American automaker. Tesla also posted a loss in Q1 2016
Elon Musk Bought More Tesla Motors Shares, He’s Basically Playing with Himself
31 Jan 2016, 12:56 UTC · By: Vlad Mitrache / With his name popping up whenever Tesla Motors is being discussed, it's easy to forget that Elon Musk is just the company's CEO and only owns 22 percent
Fiat Buys Remaining Chrysler Shares
21 Jan 2014, 16:54 UTC · By: Ciprian Florea / Fiat has completed its acquisition of Chrysler Group, the Italian-based manufacturer announced today after buying the remaining 41.46 percent stake from the United Auto Workers’ VEBA Trust. ...
Fiat to Buy Rest of Chrysler for $4.35 Billion
3 Jan 2014, 09:25 UTC · By: Ciprian Florea / Italian giant Fiat is about to become the sole owner of Chrysler, as the United Auto Workers’ VEBA Trust has agreed to sell its 41.46 percent stake in the Detroit-based automaker. According...
GM Won’t Pay Back $10 Billion Bailout Loss, Says Akerson
18 Dec 2013, 12:44 UTC · By: Ciprian Florea / General Motors won’t be covering the $10 billion the US government lost on the Detroit manufacturer’s bailout, chairman and CEO Dan Akerson said earlier this week. GM’s outgoin...
General Motors Selling PSA Peugeot Citroen Stake
13 Dec 2013, 10:05 UTC · By: Ciprian Florea / General Motors is selling its entire seven percent stake of almost 25 million shares in PSA Peugeot Citroen through a private placement to institutional investors, the Detroit-based company announce...
Canadian Government Looking to Get Rid of GM Stake
6 Aug 2013, 12:24 UTC · By: Ciprian Florea / The Canadian government is planning to sell its stake in General Motors “as quickly as feasible”, a spokeswoman for the country’s Finance Minister revealed last week. According to ...
Tesla Shares Up 24 Percent Following First Quarter Profit
10 May 2013, 14:51 UTC · By: Ciprian Florea / With a first quarter 2013 profit of $11 million and a 99 out of 100 score from Consumer Reports, everything seems to work just fine for Tesla Motors. And good news keep pouring in for the EV manufac...
GM to Collapse Without Government Aid
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Although the global economic crisis has smashed sales of most carmakers, US-based General Motors is probably the most important victim, with shares reaching the lowest point in 60 years. More import...
GM Stocks Drop Below $20 Per Share
27 Jun 2012, 07:53 UTC · By: Andrei Nedelea / Monday marked a 3.4% drop in GM stocks, as they fell below the $20 mark, for the first time since December 2011. Apparently, the unstable European economy drove share prices down by 69 cents, to Mo...
GM Sells Ally Shares
23 Mar 2011, 08:37 UTC · By: Daniel Patrascu / The efforts made by American automotive giant GM to get to a point when it can continue operating with low or no debt are intensifying in the US, after the car maker announced today the beginning of...
Harley Davidson Reports Improvement for 2010
26 Jan 2011, 10:05 UTC · By: Alina Dumitrache / Things seem to have entered the straight road for American motorcycle manufacturer Harley-Davidson, as the company has recently revealed its full year results for 2010, posting broad improvements. S...
GM Stock Climbs the Price Ladder
29 Dec 2010, 10:12 UTC · By: Daniel Patrascu / One year almost to the brink of destruction, another star of the Wall Street trading floor. This is how you can sum up American manufacturer GM, whose initial public offering made a month ago shortl...
Tesla Shares Dip
28 Dec 2010, 14:45 UTC · By: Daniel Patrascu / The excitement caused by the initial public offering made by electric car manufacturer Tesla Motors in June has diminished and, as it happens with pretty much all stock, the carmaker is slowly falli...
Porsche Shares Up 55% Last Month
29 Nov 2010, 12:59 UTC · By: Andrei Costea / Porsche's share prices have been rising and they still have a long way to go with the Volkswagen merger to happen on favorable terms. Preferred shares have risen 55% to EUR 56.90 (US $75.38) th...