The FINANCIAL — Nikola Corporation and General Motors announced a strategic partnership that begins with the Nikola Badger and carries cost reductions through Nikola’s program. As part of the agreement, Nikola will utilize General Motors’ Ultium battery system and Hydrotec fuel cell technology,
More
The FINANCIAL — General Motors and Honda announced that they had signed a non-binding memorandum of understanding following extensive preliminary discussions toward establishing a North American automotive alliance. The scope of the proposed alliance includes a range of vehicles to be sold under
More
The FINANCIAL — Tesla announced on August 11, 2020 that the Board of Directors has approved and already declared a five-for-one split of Tesla’s common stock in the form of a stock dividend. The goal of this action is to make stock ownership
More