31.81 +0.02 (0.06%)
Pre-Market: 8:38AM EDT
|Bid||31.55 x 1300|
|Ask||31.95 x 900|
|Day's Range||31.49 - 32.74|
|52 Week Range||31.49 - 46.76|
|Beta (3Y Monthly)||1.68|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 31, 2018|
|Forward Dividend & Yield||1.52 (4.66%)|
|1y Target Est||45.21|
It’s been a long road since the first electro-magnetic cruise control device was installed in cars in the 1950s. Now so-called “autonomous” cars are starting to hit the road, even if none fully live up to the name. Uber and Alphabet’s Waymo are among the companies driving millions of miles with their self-driving research vehicles…
German prosecutors searched German sites of carmaker Opel, a division of PSA Group (PEUP.PA), in Ruesselsheim and Kaiserslautern on Monday as part of a probe into diesel exhaust emissions. Criminal authorities are probing 95,000 vehicles to see whether the vehicles, which are equipped with Euro 6d engines, used exhaust management software to manipulate diesel emissions, the Frankfurt prosecutor's office said on Monday. The engines are used in the Opel Insignia, Zafira and Cascada models, Nadja Niesen from the Frankfurt prosecutor's office confirmed.
German prosecutors searched German sites of carmaker Opel, a division of PSA Group , in Ruesselsheim and Kaiserslautern on Monday as part of a probe into diesel exhaust emissions. Criminal authorities are probing 95,000 vehicles to see whether the vehicles, which are equipped with Euro 6d engines, used exhaust management software to manipulate diesel emissions, the Frankfurt prosecutor's office said on Monday.
General Motors Co. ( GM) stock has had a terrible 2018 with shares down by almost 30% from its June highs. Technical analysis suggests that the stock may fall even lower by another 5%. The bearish sentiment in the chart is a direct result of what analysts expect to be a bad third quarter as auto sales fall.
The number of self-driving vehicles on U.S. roadways is set to climb now that the U.S. Department of Transportation has updated guidelines, easing federal oversight. Americans are far from sold on either the safety, or the benefits of self-driving vehicles. If anything, there's a deep distrust of the technology, surveys have found.
The Nasdaq led a rebound in stocks today, but small caps refused join the upside. Ford Motor, GM and two more large cap stocks hit new lows.
If all you heard about EVs was Tesla's drama, you might think the industry was doomed. Far from it! Investors won’t want to miss these solid, promising opportunities.
On this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Associate Editor Reese Counts. They talk about driving the Cadillac Escalade, Mercedes-AMG E 53 Coupe and Ford Edge ST.
BEIJING (AP) — China's auto sales plunged 12 percent in September, adding to economic challenges for the country's leaders amid a worsening tariff fight with Washington.
The Intergovernmental Panel on Climate Change released a report this week that calls for faster electric vehicle and hybrid adoption as part of the actions needed to limit the effects of climate change. The report will be a key topic at the Katowice Climate Change Conference in December, where governments from around the world will review the Paris agreement. Over the next decade, battery electric vehicles will reach cost parity with internal combustion engines.
China's car sales fell the most in nearly seven years in September, stoking concerns the world's biggest auto market could contract for the first time in decades this year amid cooling economic growth and a biting trade war. It cited a sluggish economy, deleveraging and a tough pollution crackdown as reasons for the steep fall.
Honda (HMC) partners with General Motors (GM) to pursue the common goal of developing self-driving vehicles. Ford (F) to downsize its workforce to reorganize business.
Last year, I took my own recommendation and bought shares of Ford Motor (NYSE:F), attracted by the fat 5% dividend yield of Ford stock. The 15 cents per share dividend hasn’t changed since then, but the yield now exceeds 6.5%. Many analysts are now saying that there is something seriously wrong with Ford.
October started on a negative note for the broader market. On October 10, the S&P 500 benchmark registered losses for the fifth consecutive session. As of October 10, the S&P 500 Index (SPY) has fallen 4.4% so far in October. Similarly, the Dow Jones Industrial Average (DIA) has fallen 3.2%, while the NASDAQ Composite Index (QQQ) has fallen ~7.6% in October.
Valuation multiples are widely used in the auto industry to compare companies. In Tesla’s (TSLA) case, no other publicly listed automaker is similar enough to its business to draw a comparison. Let’s see how Tesla’s valuation multiples have changed in 2018 so far.
In the previous article, we talked about the top three reasons why Tesla (TSLA) stock looks like an attractive “buy” at the moment. The company has been able to keep the pace with its ambitious vehicle production and deliveries targets in the last couple of quarters. Now, let’s discuss some key risks that you should be aware of when considering Tesla stock.
Lithium took investors across the globe by surprise thanks to the recent years’ battery boom, but no one is prepared for what may happen next
The General Motors plant where it makes sport utility vehicles like the Tahoe, Suburban, Yukon and Escalade will now operate on 100 percent renewable energy, the company announced last week.
In the previous article, we discussed how Tesla (TSLA) has managed to bring changes to the auto industry by changing auto buyers’ (XLY) perceptions about EVs (electric vehicles). As of October 9, Tesla’s market cap was at $44.8 billion compared to General Motors’ (GM) $46.1 billion, Ford Motor Company’s (F) $35.7 billion, and Ferrari’s (RACE) $23.7 billion. One of the most common arguments against Tesla has been its execution problems.
In the last week, the broader market has witnessed a sharp negative movement, which may have been triggered by a variety of factors, including rising bond yields, fears of a slowdown in China, and America’s ongoing trade tussle with China.