Writing about flailing hedge funds is decidedly not what we got into car writing for, but it’s worth noting that this week’s short squeeze of GameStop stock bears many similarities to events that unfolded in 2008 when Porsche tried to gain control of the...
The No. 60 Meyer Shank Racing w/ Curb-Agajanian Acura DPi of Juan Pablo Montoya, Dane Cameron, Olivier Pla, and AJ Allmendinger during a practice session for the Rolex 24 at Daytona. (Getty Images) The Rolex 24 at Daytona is once again stacked with superstars — Kevin...
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FRANKFURT — Daimler said on Thursday a strong fourth quarter helped it post better-than-expected 2020 group operating profit and that it was optimistic for 2021. The Stuttgart-based maker of Mercedes-Benz cars and trucks warned, however, that current shortages in...
Tesla CEO Elon Musk said in the company’s fourth-quarter earnings call that he once again expects Full Self-Driving to be available by the end of the year. Even with the global pandemic, Tesla was able to post its first profitable year in its history and...
