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Burning through $1 billion per quarter, or $8,000 per minute? Anyone but Elon Musk would be waving a white flag or contemplating leaving the country (planet).
General Motors has reaped financial benefits and learnings from its $500 million investment in the ride-hailing company Lyft; however, the long-term parameters of the relationship between the two remain uncertain.
Dan Ammann helped General Motors through bankruptcy as a Wall Street banker. As GM's president, he's helping to prepare the automaker for unprecedented technological change.
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