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- Nasdaq leads Wall Street gains as SpaceX, Super Micro boost AI sentiment
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- Tesla stock up as automotive gross margin improves, free cash flow turns positive
- SpaceX, Tesla shares rise after Musk says committees exploring possible merger
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- Dow outperforms as Wall Street rises, healthcare stocks lead gains
- Nasdaq leads Wall Street gains as SpaceX, Super Micro boost AI sentiment
Stellantis (STLA) recalls Mopar hybrid battery packs
May 4, 2023 2:33 PM EDTAmerican automaker Stellantis (NYSE: STLA) announced Thursday that they have issued a recall order for approximately 220 of its Mopar Service Kit Hybrid Battery Packs with part number 68488244AA. A hybrid battery pack made to fit Jeep Wranglers made between 2021 and 2023.
The... More
UAW holds off on endorsing Biden for 2nd term citing EV policies
May 3, 2023 3:22 PM EDTUnited Auto Workers (UAW) President Shawn Fain said in a letter to members seen by Reuters Wednesday that the Detroit-based union has yet to endorse President Joe Biden for a second term, citing concerns about electric vehicle policies.
"The federal government is pouring billions into the electric vehicle transition, with no strings attached and no commitment to workers. The EV transition is at serious risk of becoming a race to the bottom. We want to see national leadership have our back on this before we make any commitments," Fain... More



