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Related Special Reports
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...from General Motors, Ford and Stellantis in a six-week strike....
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...Tesla has been forced to cut its prices. Car making is a low margin business to begin with. Apple’s ebitda margin last year was 34 per cent. Tesla’s was 9 per cent. So was GM’s....
...With previous production milestones missed, just $12bn in sales and the company scraping barely $400mn in profits, targets of overtaking General Motors in revenues and Microsoft in valuation seemed unattainable...
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...The United Auto Workers, the influential US union, is targeting Tesla as it aims to widen its base beyond the traditional Detroit carmakers of Ford, General Motors and Chrysler following its historic pay...
...Then, last week, fellow start-ups Rivian and Lucid Motors also announced lacklustre results, sending their shares tumbling....
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...General Motors chief executive Mary Barra said this year that the company had ordered two “giga press” machines with the intention of using the technology for mass-market vehicles....
...with the biggest money-spinner models from Ford, General Motors and Stellantis....
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