GM Has Lost Over $400 Million in Nikola ‘Stake’ Since Fraud Claims
Fraud claims against Nikola have battered NKLA stock and General Motors is now one of the losers holding the bag.
September 17, 2020 1 Comment
Fraud claims against Nikola have battered NKLA stock and General Motors is now one of the losers holding the bag.
Goldman Sachs chooses General Motors over Tesla as a stock to buy in the automotive tech sector. Here’s why this makes perfect sense.
Speculation is high that GM could spin off its electric vehicle unit. This would be bad news for Tesla Motors.
Morgan Stanley has upgraded EV maker Tesla from underweight to equal weight. This comes after a rally fueled by an impending stock split.
Jefferies has raised Tesla’s 12-month stock price target to $1,200. At a time of growing competition, most Wall Street firms vehemently disagree.
GM stock is flying right now. The rally stems from a recent earnings report that sheds light on the company’s other strengths.
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