As automakers from General Motors to Volkswagen bet big on an electric future, fears are rising about whether the world's supply of batteries can keep up.
Ford, Stellantis, and now GM again: Auto makers continue to close plants as they reel from a shortage of chips that poses a critical challenge for the sector.
The auto industry was devastated this spring by coronavirus shutdowns. But the recovery has been much faster and stronger than anyone anticipated as demand for new trucks and SUVs continues.
The German automakers have finished compensating U.S. owners as part of a settlement with the Federal Trade Commission. Most drivers chose to replace their vehicles, not repair them, the FTC says.
The electric car maker is now eligible to join the S&P 500 index, which means it would become part of the retirement accounts of millions of ordinary Americans.
If the electric carmaker enters the S&P 500 index, as is widely expected, Wall Street's most controversial stock would start appearing in even the most mainstream investment accounts.
