Einhorn quadrupled his GM stake recently to more than 54 million shares, or 3.6% of the company, according to quarterly holdings filings with the Securities and Exchange Commission.
General Motors will cut about 50 employees at its international headquarters in Singapore.
Budget cuts could often prove painful.
Morgan Stanley believes that Alphabet's Waymo, its self-driving car unit, could add roughly 12% to the stock's enterprise value.
©1996-2017 TheStreet, Inc. All rights reserved.
Action Alerts PLUS is a registered trademark of TheStreet, Inc.