Auto Sector Stocks
On March 31 2016, a date that will live in infamy for EV enthusiast, Tesla Motors began taking pre-orders for a new car that no one had seen and would not be delivered for almost 2 years.
I think also credit goes to the camera man, who really makes it look better. Do you think Jeeps can do what this Toyota Tacoma does here?
As the old ‘50s cop-dramas used to say, “We can do this the easy way, or the hard way…” That seems to be the message Fiat Chrysler Automobiles U.S. (FCA US) is trying to send General Motors.
Toyota Motor Sales North (TMS) recently turned down a $100 million incentive package from the state of North Carolina to move its US headquarters to the state.
This writer is not into auto manufacturers financial reports, but this report from Fuji Heavy, owner of Subaru who makes the top-selling 2014 Forester, is just too good to pass up on a Friday.
On Friday, shares of Tesla Motors (TSLA) had a last minute surge to close at $169/share, nearly breaking through the $170/share level.
On Wednesday, Tesla Motors (TSLA) announced a stock offering of 2,703,027 shares of common stock and $450 million aggregate principal amount of convertible senior notes due 2018.
Tesla's stock (TSLA) has been on a roller coaster ride following two announcements earlier this week.
As Tesla Motors transitions from electric vehicle visionary to a mass production automobile manufacturer, many are wondering whether the company will make it financially.