The stocks of car-makers are falling. Renault reported the largest yearly lost in its history – over 8 billion EUR. Lucid Motors is planning the largest merger with a SPAC in the segment: the estimation of the united enterprise reaches 24 billion USD.
On September 8th, the quotations of General Motors (NYSE: GM) stocks leaped up by 9% all of a sudden. The reason was electric cars: that day, it became known about the partnership between GM and a young innovative company Nikola (NASDAQ: NKLA).