After a two-month surge, the electric-car maker touched the share price offered last year in an abortive bid to take the company private.
After a two-month surge, the electric-car maker is now above the share price offered last year in an abortive bid to take the company private.
Automakers have made battery-powered cars largely to meet environmental rules. Now they’re putting more skin in the game.
The electric-car maker’s revenue declined, but it said it had removed “substantial cost” from its operations.
The electric-car maker said it delivered 97,000 cars in the third quarter, a pace that may allow it to reach the range it forecast for the year.
The pace may allow the electric-car maker to fulfill its forecast for the year. But analysts are skeptical that sales are enough to yield a profit.
The pace may allow the electric-car maker to fulfill its forecast for the year. But analysts are skeptical that sales are enough to yield a profit.
The automaker has reportedly offered to create a battery factory in the same Ohio area. But the work would pay far less than the shuttered plant.
Once the epitome of luxury, the high-end General Motors line is attempting another makeover to catch up with rivals that have overtaken it.
The carmaker delivered a record number of cars in the second quarter but is expected to have lost money because sales of higher-priced models lagged.