|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||10.10 - 10.28|
|52 Week Range||6.98 - 12.74|
|Beta (5Y Monthly)||1.56|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Sep 26, 2019|
|1y Target Est||11.68|
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In wealthy Singapore, where new vehicle registration is tightly controlled to manage the city state's traffic and pollution, Tesla Inc is having a moment: surging sales are gobbling up rivals' market share. The buying frenzy in one of the world's most expensive places to own a vehicle - Tesla's most basic Model 3 costs nearly S$200,000 ($148,300) in Singapore, largely due to an ownership levy, compared with less than $40,000 in the United States - underscores the U.S. firm's ascent in the global auto industry. This week, Tesla surpassed $1 trillion https://www.reuters.com/business/autos-transportation/hertz-orders-100000-tesla-cars-bloomberg-news-2021-10-25 in market value, overshadowing the combined value of five of its biggest rivals, Toyota Motor Corp, Volkswagen AG , Daimler AG, Ford Motor Co and General Motors.
A lawyer for Nissan Motor Co. on Wednesday asked a Tokyo court for leniency when it sentences the company over charges it allowed ousted chairman, Carlos Ghosn, to hide earnings from Japanese authorities. Nissan, which has already pleaded guilty, is standing trial alongside former executive Greg Kelly, who has denied charges he helped his former boss hide 9.3 billion yen ($81.8 million) of Ghosn's earnings over eight years through deferred payments. In closing statements to the court the Nissan lawyer said the company had already seen its reputation damaged by the charges and had not benefited from Ghosn's alleged actions.
Nissan is slashing its planned global production for October and November by 30%, as it struggles with a shortage of semiconductors caused by the COVID-19 pandemic, the Nikkei business daily reported. "We acknowledge that the semiconductor supply shortage is still in a difficult situation," a spokesperson from Nissan said, although she declined to comment on the reduction reported by the newspaper. Like other carmakers, Nissan has been forced to curtail production despite a rebound in demand in key auto markets, including China and the United States.