
General Motors Announces 19% Increase in Vehicle Deliveries YoY in Q2 2023
General Motors is expected to release detailed Q2 earnings results on July 25.
General Motors is expected to release detailed Q2 earnings results on July 25.
Nikola shares have been on a rollercoaster in the past few months. Today they have lost nearly 24% of their value.
Tesla stock jump is being attributed to the fact that one of its biggest rivals, Nikola is facing fraud charges with the SEC.
Automobile giant Tesla could see competition growing as home-rival General Motors announces its all-electric vehicle roll-out starting next year. Tesla (TSLA) started falling on Thursday.
GM says its battery technology will allow electric cars to travel 400 miles on a single charge without compromising driving performance. GM reacted positively, having gained over 3% yesterday.
General Motors has announced it will be ceasing its operations in some international markets and concentrate on the profit-making regions. GM stock hasn’t reacted significantly.