According to people familiar with the transaction, investor Bill Hwang caused a storm in the stock market last week when his firm, Archegos Capital Management, and its banks began reducing their holdings in blue-chip companies, according to people familiar with the transaction. The sale has sent shifts to individual stocks …
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Photo: Jeep When the Jeep Wrangler 4xe received its Environmental Protection Agency evaluation, all of its electric range became a bit disappointing. Announced as having an all-electric range of 25-miles, it only expands to 21. When it’s okay For Jeep, it’s not yet ideal for plug-in hybrids. Therefore, Stalantis has …
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The size of the text Charging point on a Volkswagen electric om tomobile. Lisa Johansson-Kopitz / Bloomberg Volkswagen Wants to be a leader in electric vehicles around the world. Playing Tesla with Pepsi is not that satisfying Coca Cola. The German automaker had arranged an update of EV ambitions in …
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The head of the Jeep owner said he was ready to drop Cherokee’s name from the vehicles after recent criticism of the Native American tribal leader. Carlos Tavares, Chief Executive Officer of the recently formed Stalantis STLA -2.71% NV, said the company is engaged in talks with the Cherokee nation …
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Electric-car maker Tesla has invested 1.5 billion in cryptocurrency and the price of Bitcoin jumped above $ 48,000 on Tuesday after news that it could accept the products as future payments. After reaching a record near 44,000 on Monday, the price of Bitcoin BTCUSD, + 2.78% Hit સિ 45,000, 46 …
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