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,
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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
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The FINANCIAL — SpaceX is developing its next-generation Starship rocket to one day launch people to space. SpaxeX CEO Elon Musk emphasized that the rocket has many important milestones to go before it can take passengers. Musk vowed to bring a million humans
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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
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The FINANCIAL — Nike’s first-ever chief diversity and inclusion officer, as well as 18-year veteran of Nike Kellie Leonard has stepped down. Felicia Mayo, who joined Nike last year will replace Leonard. In 2018, When Leonard was appointed as Nike’s chief diversity officer, the company
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The FINANCIAL — Elon Musk confirmed that Neuralink chip would allow users to directly stream music to their brain. Brain-machine interfaces (BMIs) have the potential to help people with a wide range of clinical disorders. The process of having the chip fitted will be similar
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