GE will split its conglomerate into three separate aviation, healthcare, and energy companies. The company hopes that each of its smaller branches will be able to provide more growth.
Tesla is expected to hold its Annual Shareholders’ Meeting today in Austin, addressing concerns about dividends and production issues.
Chinese electric carmaker Nio’s earnings release revealed that the company had lower losses and higher revenues than expected in the second quarter of 2021. Sales of electric vehicles were within the predicted range despite the global chip shortage.
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