News

For any holder of Tesla (TSLA) stock, the long-term vision is captivating: a future of AI, robotics, and autonomous fleets. Management is backing this with a planned capital expenditure of over $25 billion for 2026. But while the company invests in a revolutionary tomorrow, one number from today’s financial reality deserves your full attention.

General Motors reveals plans of entering the grid-scale energy storage market. Here’s what the pivot really means for GM shares in 2026.

Tesla (NASDAQ: TSLA) is not worth more than all the world’s car companies combined, although this is often raised in a “fake news” sort of way. A more accurate way to make the calculation is to note that the figure is close to 10x, or maybe slightly more, in aggregate. The numbers are still staggering. ... Tesla Is Worth More Than The Next 10 Car Companies Combined

General Motors is considering using an unproven, but possibly more powerful, battery technology for its electric vehicles. The stock is up on Thursday.

Strategy Differs From Tesla, Ford And Rivian

Outside of purchasing a home, buying a car is the most expensive purchase most people will make in their lifetimes. Now, companies like Tesla and General Motors are developing technologies that will add value to their vehicles beyond just transportation. On June 9, General Motors announced that it ...

Huang continues with his bullish stance on AI.

F's key aluminum supplier restarts its hot mill after the 2025 fires, helping support truck production recovery after major output losses.

TSLA's FSD Supervised gets approval in Denmark after reviewing Dutch certification, despite earlier concerns, expanding the system to a fourth EU market.

GM may prioritize lithium manganese-rich batteries for future EVs while reserving LFP production for energy storage systems.

General Motors announces a software update enabling EV owners to sell power back to the electric grid, with over 250,000 bidirectional EVs on U.S. roads.

While the S&P 500 (^GSPC) includes industry leaders, not every stock in the index is a winner. Some companies are past their prime, weighed down by poor execution, weak financials, or structural headwinds.

Unionized workers at a Michigan plant producing a key component for General Motors trucks have reached a tentative agreement for a new labor contract following a 10-day strike. “After 18 years of sacrifice, these workers are finally winning back a big chunk of what was taken from them,” United Auto Workers union President Shawn Fain said. The deal between the UAW and Dauch Corp., formerly known as American Axle means workers could soon return to the Three Rivers, Mich., factory where they produce axles for GM’s heavy-duty pickups, the Chevrolet Silverado and the GMC Sierra.

General Motors (GM) reached $79.43 at the closing of the latest trading day, reflecting a -5.17% change compared to its last close.

In recent days, General Motors has highlighted new battery initiatives, including a US$900 million Battery Cell Development Center and sodium-ion grid storage partnership, alongside expanded use of artificial intelligence and virtual engineering to shorten vehicle development times. Together, these moves suggest GM is working to cut electric vehicle costs, broaden into energy storage, and use AI to reshape how quickly it can refresh and launch products. We’ll now examine how GM’s push into...

By Abhirup Roy and Kalea Hall SAN FRANCISCO, June 10 (Reuters) - General Motors may scrap plans to use a lower-cost, iron-based battery chemistry that many automakers are using to cut electric-vehicle

GM partners with Peak Energy as grid-battery demand is expected to double by 2030.

(Updates with Ford's statement in the last paragraph.) Ford Motor's (F) top aluminum supplier, N

Rivian (NASDAQ: RIVN) launched the vehicle that it has said for some time will be the key to its future. The R2 SUV is much less expensive than its current models. The base model (Launch Package) will cost about $58,000. The Rivian website put the price at $44,990. However, each is lower than Rivian’s two ... Rivian’s Most Important Product Launches And The Stock Falls Apart

MP Materials' Magnetics revenues jump to $21.1M in Q1 2026 as production of magnetic precursor products continues to scale.

GM wants to dabble in energy storage and make batteries, but will these turn out to be 'the best laid plans?'

The Oswego facility is the largest domestic supplier of aluminum sheet for the U.S. auto industry, serving Ford, GM, Stellantis, and others

Dan Dreyfus, founder of Borneite Capital, warned on the All-In Podcast that America’s grid is in such poor shape that blackouts, when power is completely lost, and brownouts, when voltage is reduced, and electricity becomes less reliable, are coming from ordinary electrification alone. AI data centers are layering onto an existing problem. A Grid Frozen ... Expert Warning: America’s Grid Is So Far Behind, Blackouts Are Coming Even Without AI

General Motors unveiled new grid-storage, bidirectional charging, and sodium-ion battery initiatives as it looks to benefit from growing electricity demand tied to AI and data centers.

Yahoo Finance Senior Autos Reporter Pras Subramanian joins Julie Hyman on Market Catalysts to discuss General Motors' (GM) partnership with Peak Energy, placing a big bet on sodium-ion batteries. This comes one month after Ford (F) launched Ford Energy to develop energy storage batteries.

In the latest installment of Yahoo Finance's ETF Report, TMX VettaFi head of research Todd Rosenbluth outlines what SpaceX's (SPAX.PVT) imminent IPO could mean for space ETFs, broader market indexes, and investors' portfolios. SpaceX is expected to go public on the Nasdaq this Friday, June 12, under the ticker SPCX, with the space operator aiming to price its IPO at $135 per share.

An aluminum plant in upstate New York is back online after nine months, meaning relief could be on the way for Ford, General Motors, and other U.S. auto manufacturers.

GM announced a new stationary battery initiative for grid-scale energy storage, following rival Ford in a pivot of its battery outlays meant for EVs.

Data Center Power Demand Opens New Growth Lane

Electricity demand from AI data centers is pushing everyone — including automakers like GM and Ford — into the energy storage business.