Tesla is set to release quarterly results after market close on Wednesday, with Wall Street optimistic that the automaker's record-setting third-quarter deliveries will translate into strong profits even as supply chain challenges weighed broadly on the auto industry.
If you thought GM had plateaued, think again. The company plans to transform itself into a diversified technology company focusing on electric vehicles, data, and autonomous driving software. To set things off, GM streamlined its business by divesting loss-making assets in Europe and India to focus on North America and China where it now sells 88% of its global vehicle volume.
General Motors Company (GM) closed at $56.89 in the latest trading session, marking a -1.91% move from the prior day.