|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||17.90 - 18.03|
|52 Week Range||17.39 - 22.14|
|Beta (3Y Monthly)||0.54|
|PE Ratio (TTM)||5.32|
|Forward Dividend & Yield||1.00 (5.61%)|
|1y Target Est||18.57|
Tesla is joining rivals General Motors and Nissan in a new coalition that has launched in Washington, D.C. to urge Congress to extend federal tax credits meant to encourage sales of electric vehicles. The EV Drive Coalition says it wants to lift the cap on the number of consumers who can take advantage of the $7,500 electric vehicle tax credit first established by Congress in 2008.
Tesla, GM and Nissan have teamed up on a new lobbying initiative to extend the $7,500 per vehicle tax credit for EVs. The current EV tax credit hands consumers $7,500 credit when they purchase an electric car. Viewed as a catalyst for growth in the burgeoning EV industry, it nonetheless cools off when an auto-maker shifts 200,000 electric vehicles -- a milestone Tesla achieved in July, with GM and Nissan close behind.
Moody's Investors Service ("Moody's") has affirmed the ratings of and changed the rating outlook on Nissan Canada Financial Services Inc. to negative from stable. The action results from the affirmation of Nissan Motor Co., Ltd.'s ratings and change in its outlook to negative from stable. Nissan Canada Financial Services Inc.'s rating is A2 with a negative outlook.
are asking from the U.S. federal government regarding the $7,500 tax credit for electric cars. Having already collected more of this benefit from this U.S. taxpayer program than any other companies, these companies are now upset that their turn at the taxpayer's teat is running out, and that other automakers are lining up to rob the taxpayer after they are no longer eligible. The problem with the automotive industry is not that it is under-regulated.
Moody's Japan K.K. has affirmed Nissan Motor Co., Ltd.'s (Nissan) A2 issuer rating. At the same time, Moody's has changed the outlook to negative from stable. "The negative outlook reflects weakness in Nissan's profitability, due to high sales incentives in the US, increased material costs, and declines in emerging market currencies against the major currencies," says Motoki Yanase, a Moody's Vice President and Senior Credit Officer.
Moody's Investors Service has assigned definitive Aa3 (sf) ratings to the two senior classes of notes issued by VINZ 2018-4 Retail Auto Loan Securitization Trust, the forth cash securitization of a static pool of auto loans originated by Dongfeng Nissan Auto Finance Co., Ltd. (DNAF) to individual obligors in China in 2018. The structure allows for timely payment of interest and ultimate repayment of principal of the rated notes by the legal maturity date.
The EV Drive Coalition, which also includes General Motors Co. and the Nissan Motor Co., formally launches Tuesday with the goal of getting Congress to extend the $7,500 per-vehicle consumer tax credit. The incentive is credited with helping establish the nascent market for electric cars, but it starts to phase down once a manufacturer sells 200,000 of the vehicles.
Naomi Osaka used a powerful forehand and a matching serve to win the U.S. Open against Serena Williams. Off the court — on the marketing front — experts say she could have the same potential as Williams, and maybe more. Serena Williams topped the Forbes list of the highest-earning female athletes this year at $18 million, almost all endorsements.
BEIJING (AP) — China's auto sales sank for a fourth month in October as an unexpectedly painful slump in the global industry's biggest market deepened.
Moody's Investors Service ("Moody's") today affirmed Nemak, S.A.B. de C.V.'s (Nemak) Ba1 senior unsecured and corporate family ratings. At the same time, Moody's changed the ratings outlook to ...
Janet Lewis of Macquarie Capital Securities says Nissan has "a lot of hope" pinned on its new Altima, but notes that the sedan market remains difficult.