General Motors sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.
The automaker sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.
Shares of the company slumped as investors worried about increasing competition.
The manufacturing and disposal of electric vehicles result in more greenhouse gases than nonelectric models, but that difference will eventually disappear altogether.
The electric carmaker is growing fast but investors are worried that sales are starting to slow because of higher prices and interest rates.
No Republican in Congress voted for the Inflation Reduction Act. But their districts and states will greatly benefit from the investments spurred by the law.
Trevor Milton was accused of boasting about nonexistent technology to inflate the stock price of Nikola, a maker of electric trucks.
The maker of electric sedans said it would hit its scaled-back production targets for 2022 after facing supply hurdles.
The announcement covers nearly all of the vehicles the company has delivered to date, though it said the problem had affected only a small number.
The automaker’s performance indicates that the global semiconductor shortage is beginning to ease.