Record quarter for Tesla TSLA 1.57% Not as fast as it sounds. Tesla announced Saturday morning that it delivered 180,570 cars worldwide in the fourth quarter, setting a new company record. That brings a total of 500,000 embarrassments by 2020, in line with the company’s latest guidelines. The company also …
Read More »US auto sales showed signs of recovery in the third quarter
U.S. in the third quarter. The recovery of the auto industry gained momentum, with coronavirus-related loos and buyers returning to the show-room from sales by auto manufacturers. Strong demand for trucks and sport-utility vehicles is leading to a comeback, which is happening much faster than expected this summer. Contributing is …
Read More »The Tesla holder has long slashed his claim – but he still owns more than 4% of the stock.
The size of the text Bailey Gifford is the largest holder of Tesla shares outside of the passively managed index fund outside of Elon Musk. By Tobias Schwarz Pool / AFP Getty Images Long time Tesla The shareholder is taking money from the table. Bailey Gifford, the UK-based asset manager, …
Read More »Judge rejects GM’s request to recapture its absurd legal battle with Fiat Chrysler
Image: AP (AP) General Motors‘The lawsuit against FCA is dead in the water again, after a U.S. district court judge denied GM’s attempt to return the suit Friday, though GM plans not to let it go without a fight. This rumor all started in November 2019 when GM filed a …
Read More »GM Financial Chief Dhivya Suryadevara steps down in surprise departure
General Motors Co. Chief Financial Officer Dhivya Suryadevara will leave the company for online commercial company Stripe Inc., a surprise departure for one of the auto-maker’s fastest-growing stars. GM confirmed Tuesday that Ms Suryadevara has left the company for an unknown opportunity outside the auto industry. Stripe in San Francisco …
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