Wireless chipmaker Qualcom tops Magna International's bid for the Stockholm-based automotive chipmaker.
Indie Semiconductor will go public through a blank-check merger to raise capital for its expansion efforts.
The company's Class I van will have the same price as gas vehicles and also 20% more cargo space, which could make it attractive to delivery companies.
The automaker was awarded $60 million in credits before it closed its Lordstown, Ohio, plant.
With its lofty share price, Tesla might want to consider buying one of these startups.
The combination will create the world’s fourth-largest carmaker.
The new factory will be built in Berlin, while Tesla also plans to create a design center in the German capital.
The combined company’s sales would place it among the top 10 chipmakers globally.
