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GM Joins the Tesla Bandwagon

GM Joins the Tesla Bandwagon

Helping to bolster the mood on Wall Street, two stocks betting big on electric vehicles (EVs) made sizable gains. It's not every day that you see Tesla (NASDAQ: TSLA) and General Motors (NYSE: GM) working together, but the two automakers announced a landmark deal that has implications for the entire industry. Shares of General Motors rose 4% in premarket trading.