Vroom was valued in the offering at more than $2.5 billion based on the larger IPO size and the outstanding shares listed in its filings. The shares continued to surge on Tuesday — rising 103 percent to $44.65 in midday trading.
Musk says solving Tesla Model Y production issues top priority
The internal conflict comes at a critical time for the automaker, which is trying to soften the impact from the coronavirus pandemic while also managing a shift toward electric vehicles.
Lender, county foreclosing on Kissimmee motels where power was shut off on residents
Osceola County’s Code Enforcement Board has authorized the county to foreclose on two extended-stay motels in Kissimmee’s S.R. 192 tourism corridor but the county might have to get in line for the property.