Tue, 21-Oct-2025

GM, Ford continues struggle after Tesla’s skyrocketing valuation

GM Ford

While Wall Street continued to ogle Tesla´s skyrocketing valuation Wednesday, shares of Ford and General Motors (GM) were under pressure after reporting fourth-quarter losses. Ford also closed plants in Europe and South America and GM has struggled to completely shake the effects of a 40-day strike last year that effectively shut down its US operation. … Read more

Economic hit in the US brings Tesla stock to surge nearly 14%

Economic hit

Wall Street stocks jumped gaining for a second straight session as fears eased over an economic hit from the coronavirus outbreak in China. Major US indices rose more than one percent, with analysts citing economic hit measures for cushioning the blow in that country. As well as the extremely limited spread of the ailment so … Read more