General Motors cuts 500 salaried employees
GM follows other major companies, including competitors, in downsizing headcounts to preserve cash and boost profits. Source link
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Rivian Automotive Inc
Retail investors are flooding into the stock market at a record level — Here’s what they are buying
Retail investors poured an average of $1.51 billion a day into the U.S. markets, according to Vanda Research. Source link
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Barclays says buy Tesla shares, sees 30% rally in the ‘clear leader’ of the electric transition
Tesla shares lost 65% of their value last year, but have been on a tear this year. The shares have
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Electric Ram pickup debuts in Super Bowl ad that pokes fun at rivals, sex-drug commercials
The Ram Super Bowl spot spoofs ads for male sex-enhancement drugs using electric truck owners discussing problems they've had with
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Tech stocks just finished a five-week rally — the longest stretch since market peak in Nov. 2021
Cost cuts have replaced growth on Wall Street's checklist, and tech executives are being celebrated for efficiency over innovation. Source
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Ford sold 91 million shares of EV startup Rivian last year
Ford liquidated most of its ownership stake last year in EV maker Rivian Automotive. Source link
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Rivian to lay off 6% of its workforce as EV price war concerns grow
The CEO of EV maker Rivian told employees that the company will make the layoffs as the company refocuses to
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This electric vehicle ETF soared 20% in January. Analysts give 2 of its stocks another 100% upside
CNBC Pro screened for EV-related stocks that have serious upside potential. Source link
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Tesla just had its best week since May 2013
Tesla shares rose 33% to close their best week since May 2013, boosted by positive economic data and an earnings
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