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GM Takes A Leaf Out Of Tesla's Book: EVs To Double As Home Backup Power Sources During Blackouts
Wednesday, August 9, 2023 - 3:03am | 510General Motors (NYSE:GM) revealed its intention to outfit all its electric vehicles with the capability to serve as backup power during electricity blackouts. This move to incorporate a two-way charging technology in the Chevrolet, Cadillac, and GMC electric vehicles will allow them to power homes...
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GM's Mary Barra On Tesla-Like Price Cuts: 'Price Them Right To Begin With'
Wednesday, April 26, 2023 - 12:55am | 454General Motors Co. (NYSE:GM) CEO Mary Barra addressed the issue of price cuts in the company's first-quarter earnings call on Tuesday. What Happened: GM is focused on two things in the U.S.- getting vehicles out there and working on pricing around costs, said Barra. “We think we price them...
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'Too Early For Victory Laps': Stock Market Update For The Week Ahead
Sunday, September 20, 2020 - 3:47pm | 1684The Past Week, In A Nutshell What Happened: Last week ended negative on weakness concentrated in heavily-weighted index constituents. Remember This: “The Fed essentially acknowledged they were a bit behind the curve with their forecast on the economy, as projections needed tweaking to reflect...