@Mrzorro:Tesla Vs GM Vs Rivian: Who Gained The Most Market Share In Q1? $Tesla Motors(TSLA)$ gained the most market share in the U.S. in the first quarter of 2023 despite $General Motors(GM)$ taking the sales lead. What Happened: Tesla gained the most market share in the first quarter of 2023 in the U.S., according to new data from Cox Automotive. Tesla had a market share of 5.1% in the first quarter as opposed to 3.8% in the calendar year 2022, an increase of nearly 1.4%. Nissan-Mitsubishi (OTC:NSANY) seconded Tesla, gaining 0.7% more market share in the first quarter. General Motors sold the most vehicles in the first quarter — 587,020 units — but gained only 0.4% market share f
@StickyRice:Alibaba to break up into six units which may pursue individual IPOs Alibaba $Alibaba(BABA)$ plans to split its $220B business into six main units which will cover e-commerce, media and the cloud, each of which will explore fundraising or initial public offerings. As per a Bloomberg report CEO Daniel Zhang will head up the cloud intelligence division; former international retail chief Jiang Fan will head up the digital business unit, while longtime executive Trudy Dai takes up the main Taobao Tmall online shopping division. Its other divisions include local services such as meal delivery, the Cainiao logistics group and digital media and entertainment. Zhang in a statement says, "At 24 years of age, Alibaba is welcomi