General Motors Co. shares GM, + 2.45% It rose 3.8% in premarket trading on Wednesday, after the automaker posted a lower-than-expected loss for the second quarter and sales that exceeded estimates. The company said it had a net loss of $ 758 million, or 56 cents a share, in the …
Read More »It didn’t have to be this way
Photo: GM Just before Ford revealed the new BroncoBusy Jeep Tried To Steal The Show By Sticking a V8 in the Wrangler. Jeep was trying. It was a failure, but at least I was trying to get in there, get some people to think back to that hardcore Jeep, not …
Read More »Tesla’s shares soared. Then $ 55 billion was stripped of its value.
Text size Monday’s reversal was the biggest change from positive to negative for Tesla since June 30, 2010, one day after it went public. Photography by Andreas Dress After a wild Monday, Tesla shares lost about $ 55 billion from their intraday peak and closed 3.1%, after rising more than …
Read More »The auto industry is still chasing Tesla. Just ask Mercedes and Nvidia.
Text size A driverless car is on display in the Mercedes hall Boris Roessler / DPA / AFP via Getty Images Earlier this week, the Daimler Mercedes brand announced a partnership with graphics chip giant Nvidia to build the world’s first “software defined vehicles”. It’s a bold claim, and one …
Read More »The auto industry is still chasing Tesla. Just ask Mercedes and Nvidia.
Text size A driverless car is on display in the Mercedes hall Boris Roessler / DPA / AFP via Getty Images Earlier this week, the Daimler Mercedes brand announced a partnership with graphics chip giant Nvidia to build the world’s first “software defined vehicles”. It’s a bold claim, and one …
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