|Day's Range||101.40 - 101.65|
Tesla is reporting earnings next week. The company has quietly made some changes to its return policy and also added a non-refundable $100 order fee. Ahead of Tesla's earnings, Wall Street continues to question when the electric vehicle maker will become profitable.
46,000 GM workers will continue to protest as they digest a proposal to raise wages and cap health costs, while also closing four U.S. Plants. Yahoo Finance's Brian Sozzi, Alexis Christoforous, and Rick Newman discuss on The First Trade.
Tesla stock has been climbing ahead of its third-quarter report due Wednesday. Tesla is expected to show its first decline in quarterly revenue in seven years and also post another loss.
Ford announced that it would offer North America’s largest electric vehicle public charging network, the FordPass Charging Network, to its EV customers.
WASHINGTON/DETROIT (Reuters) - General Motors Co plans to build a new family of premium electric pickup trucks and sport-utility vehicles at its Detroit-Hamtramck plant beginning in late 2021, possibly reviving the imposing Hummer brand on some of them, several people familiar with the plans said. The so-called BT1 electric truck/SUV program is the centerpiece of a planned $3 billion (2.3 billion pounds) investment in the Detroit-Hamtramck plant to make electric trucks and vans, and part of a broader $7.7 billion investment in GM's U.S. plants over the next four years, according to a proposed labor deal between the automaker and the United Auto Workers union. The investment would move the automaker into a part of the EV market that is largely untested and where GM has a higher likelihood of turning a profit, analysts said.
RBC analyst Joseph Spak has been speaking with clients and noted an uptick in Model Y discussions recently. “According to the Tesla [ticker: TSLA] website, the vehicle is expected to begin production in late 2020,” wrote Spak in a Friday research report. The Y is a smaller sport-utility vehicle, or so-called crossover, smaller than Tesla’s Model X and comparable to (BMW)’s (BMW.Germany) X3.
While Ford's (F) sales in China fall 30.3% year over year in Q3, Tesla takes the U.K. market by storm with record deliveries of 6,244 vehicles.
While higher revenues in the North American market are likely to have benefited Ford (F), lower vehicle deliveries in China, Europe and Asia Pacific regions might have hampered profits.
The joint that Tesla Motors, Inc. (NASDAQ: TSLA ) and SpaceX CEO Elon Musk hit during an interview on "The Joe Rogan Experience" podcast cost taxpayers $5 million. What Happened NASA ordered ...
Because Andrew Yang, Bernie Sanders and (sometimes) Elizabeth Warren are radically misdiagnosing problems in the U.S. economy, they are off — often miles off — in prescriptions for reform. The sheer amount of loose talk about how capitalism is failing is stunning. Begin with the worst: The notion that automation is robbing the economy of millions of jobs.
Tesla (TSLA) stock is having a strong run this month. After a weak start, the stock has closed with gains for nine consecutive trading days.
Tesla Inc's attempts to humble Porsche with a new lap record on Germany's legendary Nordschleife racetrack have reignited a controversy about the value of lap times, as the circuit steps in to quash claims of cheating. Porsche and U.S.-based Tesla are battling to establish supremacy in lap times for four-door electric sportscars, but comparisons are not exact, as conditions, ranging from car modifications to tyre types, vary with each test. "We want to have circumstances that can be understood and replicated," said Nuerburgring spokesman Alexander Gerhard, adding that the racing circuit operator had moved to tighten rules by which a car maker can claim a certified lap time.
Tesla Inc.’s third-quarter results are a ‘fork-in-the-road moment’ for the company, which still promises profits and sales of nearly half a million vehicles by year-end.
Genuine Parts (GPC) currently expects 2019 adjusted earnings per share within $5.60-$5.68 compared with the previous forecast of $5.65-$5.75.
The last decade has been great for those with assets, and not so great for regular savers Continue reading...