#Walmart, FedEx to buy thousands of GM electric vans

#Walmart, FedEx to buy thousands of GM electric vans

“#Walmart, FedEx to buy thousands of GM electric vans” General Motors’ electric commercial vehicle business, BrightDrop, said on Wednesday it has signed a new deal to supply EVs to retail giant Walmart and expanded its supply agreement with delivery firm FedEx. Financial terms of the deals, announced in conjunction with the Consumer Electronics Show (CES) in…

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#Putin’s excellent Ukraine crisis and other commentary

#Putin’s excellent Ukraine crisis and other commentary

“#Putin’s excellent Ukraine crisis and other commentary” Foreign desk: Vlad’s Excellent Ukraine Crisis “Vladimir Putin is having a good crisis in Ukraine,” Walter Russell Mead notes at The Wall Street Journal. “Ukraine is popular issue in Russia,” and the standoff “is making Russia feel great again,” as many are “nostalgic for the old days of…

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#Electric car maker Rivian stalls after red hot market debut

#Electric car maker Rivian stalls after red hot market debut

“#Electric car maker Rivian stalls after red hot market debut” Shares of electric vehicle maker Rivian retreated Wednesday, putting brakes on a euphoric rally that has seen it surpass legacy automakers such as General Motors in market capitalization despite questions about its business model. Rivian dropped, 14 percent, for the first time since its blockbuster…

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#Elon Musk sells another 0 million in Tesla stock

#Elon Musk sells another $700 million in Tesla stock

“#Elon Musk sells another $700 million in Tesla stock” Tesla top boss Elon Musk sold another block of company shares worth about $700 million, filings showed on Friday, as the billionaire takes advantage of a meteoric rally that drove the electric carmaker’s value to over $1 trillion. The second round of hefty stock sales this week comes just…

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