Nel and General Motors (GM) Collaborate on Renewable Hydrogen Production

Wedbush impressed at GM investor day; reiterates Outperform

Wedbush reiterated an Outperform rating and $42.00 price target on General Motors (NYSE: GM) after attending the companys investor meeting today in New York. GM used the opportunity to check up on the companys electrification strategy.

Analyst Daniel Ives wrote in a note Given the supply chain issues and global macro, GM easily could have been more cautious around targets, battery production, and overall demand looking ahead for the coming years. Instead, Barra & Co. came out... More

GM’s BrightDrop to reach $1B in revenue by 2023; $10B by 2030

Travis Katz, the CEO and president of BrightDrop, a subsidiary of General Motors (NYSE: GM), spoke today at GMs investor day in New York. BrightDrop is an automotive technology company targeting last-mile delivery customers, supplying products like electric delivery vans, ePallets, and cloud-based software.

Katz was introduced on stage by General Motors president Mark Reuss, where he spoke on the current goals of the business to drive down costs through scale and... More

General Motors (GM) CEO Barra highlights EV profitability at GM investor day

General Motors (NYSE: GM) held their investor day presentation today in New York, focusing on 2023-2025. CEO, Mary Barra highlighted the companys electric vehicle segment announcing that the company expects their EV portfolio to be profitable by 2025.

we expect our EV portfolio to be profitable by 2025 including GHG benefits and revenue from software and after sales. This is before the benefits of the new clean energy tax credits. When... More

Morand’s new eTechnology can charge a car in 72-seconds

Morand, a Swiss technology startup, has launched their all-new energy storage solution, the Morand eTechnology. This energy storage technology is a unique hybrid system that combines the characteristics of an ultracapacitor with that of a chemical battery to create a durable and ultra-fast energy pack with the ability to fully recharge a city car in 72 seconds.

The eTechnology packs use innovative hybrid ultracapacitors (HUC) cells from Sech... More

General Motors (GM) call put ratio 1.4 calls to 1 put into investor meeting

General Motors (NYSE: GM) November call option implied volatility is at 69, December is at 44; compared to its 52-week range of 29 to 60 into a company hosted investor day webcast on November 17.

General Motors (GM) option IV increases into investor day

General Motors (NYSE: GM) November call option implied volatility is at 63, December is at 47; compared to its 52-week range of 29 to 60 into a company hosted investor day webcast on November 17.

General Motors (GM) Barra believes GM EVs will be profitable by 2025

Shares of General Motors (NYSE: GM) are up 2.21% in mid-day trading on Tuesday, ahead of the companys November 17th investor day, where CEO Mary Barra plans to tell investors that the company expects its electric-vehicle program to be profitable in 2025.

Mary Barra said on the companys 3Q earnings call, this weeks investor... More

GM's North American battery supply chain is key to EV profits

DETROIT (Reuters) - General Motors Co plans to add more links to its North American battery supply chain, adding to roughly 20 deals so far, in a key strategy to help the Detroit automaker narrow the gap with Tesla Inc in electric vehicle profitability.

GM Chief Executive Mary Barra and other executives are scheduled to brief investors Thursday on the automaker's progress toward scaling up production capacity to deliver 1 million electric vehicles a year in North America by 2025.

Work is underway on new agreements to support higher levels of North American battery production, Sham Kunjur, GM's executive... More

General Motors (GM) November option implied volatility into investor day

General Motors (NYSE: GM) November call option implied volatility is at 58, December is at 43; compared to its 52-week range of 29 to 60 into a company hosted investor day webcast on November 17.

Buffett's Berkshire Enters Jefferies, Louisiana-Pacific, Taiwan Semiconductor - 13F

Warren Buffett's Berkshire Hathaway filed its 13F for the quarter ended Sept. 30, 2022. Below is a summary:

New Stakes
Jefferies Financial Group (NYSE: JEF) new 433,558 share position
LOUISIANA-PACIFIC CORP. (NYSE: LPX) new 5,795,906 share position
TAIWAN SEMICONDUCTOR MANUFACTURING (NYSE: TSM) new 60,060,880 share position

Raised Stakes
CELANESE CORPORATION (NYSE: CE) raised from 9,156,714 shares to 9,710,183 shares
Chevron Corp. (NYSE: CVX) raised from 161,440,149 shares to 165,359,318 shares
Liberty SiriusXM Group (NASDAQ:... More

General Motors (GM) call put ratio 3 calls to 1 put into company hosted investor day

General Motors (NYSE: GM) November call option implied volatility is at 54, December is at 43; compared to its 52-week range of 29 to 60 into a company hosted investor day webcast on November 17. Call put ratio 3 calls to 1 put.

General Motors (GM) option implied volatility flat into investor day

General Motors (NYSE: GM) November call option implied volatility is at 46, December is at 43; compared to its 52-week range of 29 to 60 into a company hosted investor day webcast on November 17.