G.M. reports $6.4 billion profit in 2020 despite the pandemic.
Tesla Reports First Full-Year Profit
The company benefited from a jump in sales of electric cars in China and Europe, but its fourth quarter earnings fell short of Wall Street’s expectations.
Tesla Reports First Full-Year Profit
Tesla’s transformation from a company that lost large sums of money every year has been made possible in large part by rising sales in China and Europe.
The Pandemic Sank Auto Sales. Vaccines Could Bring Buyers Back.
Carmakers say new models should also help lift the industry in 2021, after a 15 percent decline in its slowest year since it recovered from the Great Recession.