|Bid||33.90 x 1400|
|Ask||35.16 x 800|
|Day's Range||34.55 - 35.93|
|52 Week Range||30.56 - 45.52|
|Beta (3Y Monthly)||0.95|
|PE Ratio (TTM)||66.46|
|Earnings Date||Feb 6, 2019|
|Forward Dividend & Yield||1.52 (4.38%)|
|1y Target Est||45.30|
Dec.07 -- Rep. Debbie Dingell, a Michigan Democrat, discusses General Motors Co. Chief Executive Officer Mary Barra meeting with lawmakers about the the company's planned layoffs and plant closings. She speaks with Bloomberg's Jason Kelly on "Bloomberg Markets: Balance of Power."
WASHINGTON (AP) — General Motors is fighting to retain a valuable tax credit for electric vehicles as the nation's largest automaker tries to deal with the political fallout triggered by its plans to shutter several U.S. factories and shed thousands of workers.
Tesla CEO Elon Musk said Tesla would consider buying unused GM plants in a wide-ranging interview on 60 Minutes. Musk reiterated his lack of respect for the SEC. Tesla would consider buying the factories General Motors GM said it intends to idle, CEO Elon Musk said in an interview that aired on "60 Minutes" Sunday night.
Stock futures signal more losses. The relative strength line spots market leaders, such as Tesla now. But Dow stocks Apple, Boeing and Visa show why you shouldn't buy on the RS line alone.
Musk has made plenty of headlines in 2018, from smoking a joint with Joe Rogan to tweeting about taking Tesla private. Stahl's interview doesn't shy away from asking Musk about those issues. Musk said Tesla "would be interested" in buying one of the plants General Motors (NYSE: GM) recently said it will close down.
The Chevrolet Volt is headed to the scrap heap, but during its decade on the market the electric vehicle reflected the strengths and weaknesses of General Motors Co. and auto making in Detroit. The plug-in electric vehicle won praise from auto critics who heralded the car as an engineering marvel when it was introduced in 2010. The acclaim eased some of the pain from GM’s bankruptcy at the time and showed that Detroit could still develop an enviable vehicle.
Waymo is rapidly racking up the autonomous miles. More importantly, it's on the verge of commercializing its self-driving prowess.
Ford Motor and Volkswagen could announce a far-reaching alliance shortly after the new year. Barring a last-minute hitch, two of the world's largest automakers plan to announce a far-reaching alliance shortly after the new year, one that will cover a wide swath of territory and a broad range of technologies, new and old. The deal will serve as something of a jointly played jigsaw puzzle, allowing Ford Motor F and Volkswagen to leverage their strengths and offset weaknesses at a time when the global automotive industry is facing not only traditional competitive challenges but the risks posed by massive technological transformation.
Barring a last-minute hitch, Ford Motor and Volkswagen plan to announce a far-reaching alliance shortly after the new year, one that will cover a wide swath of territory and a broad range of technologies, new and old.
The dividend yields for big automakers are juicy right now, but this might actually be the best auto dividend stock for a reason you may not know about.
DETROIT (AP) — General Motors' planned shutdown of its Detroit-Hamtramck plant would leave only one auto assembly factory in the city known for "putting America on wheels," but the closure and job losses are not expected to stall-out Detroit's comeback since its 2014 bankruptcy exit.
General Motors will probably turn a profit of more than $8 billion this year. The federal government is approaching trillion-dollar deficits. Perhaps Congress should ask CEO Mary Barra for tips on capital allocation rather than offer them.
The value of bitcoin (BTCUSD) has plummeted 74% this year, to $3,587.50 as of Thursday. After having dinner with Chinese President Xi Jinping on Dec. 1, President Trump said it would be at least another 90 days before U.S. tariffs on $200 billion in annual imports from China would be raised to 25% from 10%.
The Mexican Automotive Association said auto exports to the U.S. jumped 22.4 percent last month. America's growing appetite for pickups, SUVs and crossover utility vehicles is behind the trend. President Donald Trump may not like it, but the flow of vehicles built in Mexico and sold in the U.S. is not slowing down.
On December 7, Tesla (TSLA) posted a daily high of $379.44, not far from its all-time high of $389.61. The last time Tesla was hovering near this level was in August following Tesla CEO Elon Musk’s tweet that said, “Considering taking Tesla private at $420. It’s been some time now since Musk publically slammed Tesla short-sellers.
Al Oppenheiser is the man most synonymous with the Chevy Camaro. Now, Car and Driver reports he is going over to General Motors' electric vehicle team as its chief engineer, and a representative from Chevrolet has confirmed the move. Taking over for Oppenheiser on the Camaro program will be Mark Dickens from the Performance Variants, Parts, Accessories and Motorsports Engineering department, where he has been for 3 years.
On December 7, Tesla (TSLA) stock continues to swim against the current for the second consecutive day. At 11:10 AM EST, the stock rose 2.5%—compared to the S&P 500’s (SPY) 1.0% losses. The NASDAQ Composite Index and the Dow Jones Industrial Average fell 1.5% and 1.2%, respectively.
The November jobs report showed non-farm payrolls rising 155,000 last month, far lower than what analysts had expected. Yesterday, US Commerce Department data showed the US trade deficit rising to a decade high amid record imports. Boosting jobs and addressing the country’s massive trade deficit have been two key tenets of President Donald Trump’s economic policy.
A case will resume on Friday, Dec. 7, at the National Labor Relations Board regarding a string of unfair labor practices and safety complaints brought by the United Auto Workers against Telsa. Tesla denies all allegations that it has restricted union-organizing efforts, tried to stop employees from discussing safety issues and retaliated against pro-union workers. If the UAW prevails, the ripple effect could impact tech companies in Silicon Valley.
In the first quarter of fiscal 2019, AutoZone’s gross profit was $1.42 billion, ~3.8% higher than $1.36 billion in the first quarter of 2018. With this, the company’s gross margin came in at 53.7%, higher than 52.8% a year ago and 53.6% in the fourth quarter of fiscal 2018. AutoZone’s fiscal 2019 first-quarter adjusted net profit stood at $351 million, up 25.1% YoY (year-over-year), with a strong net profit margin of 13.3%.
The mid-engine 2020 Chevy Corvette C8 is just around the corner, based on prototypes we've been seeing in mostly production-spec guise. It's all the more curious when prototypes of the road car have the more traditional deep burble and rumble we would expect of a Corvette. Two that come to mind first are the use of double overhead cams instead of pushrods to help it rev higher.
General Motors and its recent 15,000 layoffs are an example that even in a good economy, good jobs are at risk. General Electric's recent woes also show that even the most iconic of companies can be upended. Layoffs at the larger companies are nearing 500,000 this year through November, with big names like Verizon Communications and the bankrupt toy chain Toys-R-Us making cuts.