General Motors Co (NYSE: GM) CEO Mary Barra is confident the legacy automaker can catch up with the current electric vehicle leader and market disruptor Tesla Inc (NASDAQ: TSLA) by 2025.
Tesla Inc (NASDAQ: TSLA) shares rallied once again on Wednesday after ridesharing giant Uber Technologies Inc (NYSE: UBER) announced a new partnership with Hertz Global Holdings Inc (OTC:
A shift to electric vehicle adoption could have a lasting impact on industries such as traditional automotive companies, oil companies and gas stations. One company that falls under the last two categories is investing in the future of EVs.
General Motors Co (NYSE: GM) is trading lower despite posting strong third-quarter financial results as investors continue to weigh the near-term impacts of the chip shortage.
Someone with a lot of money to spend (and possibly insider knowledge) has taken a bullish stance on General Motors(NYSE:GM).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.