GM to extend production halt to EV Chevrolet Bolt through February
WASHINGTON, Dec 20 - General Motors Co said Monday it is extending a production halt at its Orion Assembly plant in Michigan, which makes the Chevrolet Bolt electric vehicle, through the end of February.The largest U.S. automaker in August widened its recall of the Bolt to more than 140,000 vehicles to replace battery modules after a series of fires. Earlier this month, it extended its production shutdown through late January. GM has also indefinitely halted retail sales of new Bolt vehicles.Th
Tesla slid nearly 4% in morning trading,with its market value falling below $1 trillion again
TeslaChief Executive Officer Elon Musk was named Time magazine's 2021 "Person of the Year" on Monday.Musk is also the founder and CEO of rocket company SpaceX, and leads brain-chip startup Neuralink and infrastructure firm The Boring Company.However,Cathie Wood-led Ark Invest on Friday sold more shares in Tesla Inc, continuing to book profit in a stock that remains its largest bet.Ark Invest sold a total of 28,345 shares — estimated to be worth $28.83 million based on Friday’s closing — in the