to produce a pickup for zero-emissions startup Nikola, the Badger, in exchange for an 11% stake in the company.
So ultimately, if you'll pardon the pun, GM could have Ultium inside a wide range of electric vehicles, to extend the operating-system analogy into the computer chip realm and borrow Intel's famous slogan. The upshot is that GM will control a critical part of the EV ecosystem.Ford is spending $700 million to expand it famous Rouge complex for EVs.
Ford's best, then, is that it can transition the accumulated greatness of the F-150 and Mustang from the gas-burning era to the all-electric one.Tesla has been on an epic stock rally since the beginning of 2020, minting a market cap that has made it worth more than GM and Ford combined.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market outlook: 4 reasons equities can climb 'a lot' more, Tom Lee says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. They can also go down a lot. Or the market can remain flat. See? I'm a stock market wizard too. Reason 1 The fed is handing out nearly free money that then goes into questionable stock buys, raising share prices artificially Duh.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market investing strategy, contrarian ideas for election: MS - Business Insider2 senior PMs at Morgan Stanley's $665 billion investment-management business share their contrarian outlooks on the election, the stock market, and a vaccine — and break down how they are readying portfolios in advance
Source: BusinessInsider - 🏆 729. / 51 Read more »
Trump's TikTok ban is taking a page from China's playbook: Experts - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Na ban that weird a** app. 👀 Just like they warned us about Net Neutrality?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Media job market key takeaways during pandemic from top recruiters - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market crash: Expert sees risks in 'disturbing new all-time low' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Insider Transportation: Nikola rebuttal, safety data for wary flyers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »