NEW YORK, NY / ACCESSWIRE / October 24, 2018 / Motorcycle maker Harley-Davidson was in the red on Tuesday after reporting earnings and announcing how much tariffs would cost the company this year. Shares of Tesla were exploding ahead of its own financial report and positive remarks now from a once bearish Citron Research.
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Tesla, Inc. shares were up almost 13% yesterday with around 18.8 million shares traded. The electric vehicle maker was seeing its shares explode ahead of its financial report today after the markets close. Traders are eager for the report as CEO Elon Musk had promised that Tesla would report a net profit and positive cash. It was also encouraging that short seller Citron Research did a U-turn on its bearish outlook on the stock and said in a research note that the company's Model 3 sedan is a "proven hit" and is serious competition against
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Harley-Davidson, Inc. shares were down 2.22% on Tuesday with roughly 7.7 million shares traded as Wall Street learned just how much tariffs would cost the motorcycle company this year. The company said after reporting
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