Tesla Discontinues Cheapest Model S Amid Model 3 Ramp-Up
As it ramps up production and deliveries of its newest Model 3, electric-car giant Tesla (NASDAQ:$TSLA) has been making drastic changes to its Model S and Model X lineups. Specifically, Tesla lowered prices for the ... [Read]
Honda Makes Big Investment and Adds 300 New Jobs
Honda (NYSE:$HMC) has invested $267 million and is creating 300 new jobs. These projects began due to an expected increase in demand for the new 2018 Accord. The new model will be produced at the ... [Read]
Tesla Stock Soars as Analysts Advise Caution
Tesla (NASDAQ:$TSLA) stock hit $390 on Monday, a record high for the company. This continues the trend of a bullish run that has seen the stock rise aggressively. However, experts say that this trend is ... [Read]
Tesla CEO Elon Musk Calls New Semi Truck a ‘Beast’
Prepare yourselves: the beast is coming October 26. Just in case you missed it, Tesla (NASDAQ:$TSLA) CEO Elon Musk tweeted late Wednesday evening about Tesla’s new semi truck. And after months of anticipation, Elon Musk ... [Read]
Here’s Why Autoliv Shares Increased 12% Today
On Thursday, September 14, Autoliv Inc. (NYSE:$ALV) shares soared. Why? The Stockholm-based company announced that it is considering a proposal to divide into two companies. One company would primarily be focused on conventional passive safety ... [Read]
Volkswagen to Challenge Tesla in Electric Car Market With $20 Billion Euros Investment
Volkswagen (NASDAQ:$VLKAY) plans to invest more than $20 billion euros in zero-emission vehicles by 2030, and pioneer Tesla (NASDAQ:$TSLA) is sweating. The world’s largest automaker by sales said on Monday that it would roll out ... [Read]
Model 3 Launch Speculated to Triple Tesla’s Revenue in 2018
Wrapping up its first official launch month of the Model 3, electric-car giant Tesla (NASDAQ:$TSLA) expects incoming sales to soar. Additionally, the company is speculating that there a mass-market transition to electric vehicles is in ... [Read]
What’s Going on With Tesla’s Inventory Report?
Tesla’s (NASDAQ:$TSLA) inventory balance has seen a major increase in the past few month. While this may seem reasonable given its upcoming Model 3 ramp, a further examination reveals a different story. Taking a look ... [Read]
General Motors Bounces Back Thanks to Strong August Sales
Reporting significantly lower sales in June and July, General Motors (NYSE:$GM) was facing troubles. However, the company bounced back by reporting a 7.5% year-over-year increase in its U.S. sales in August. Specifically, GM reported a ... [Read]
Hyundai Clashes with Chinese Partner Over Supply Cost Cuts
Hyundai Motor Co. (NASDAQ:$HYMTF) is clashing with its Chinese partner over an effort to cut supplier costs, simultaneously grappling with the impact of a stand-off between Beijing and Seoul. Hyundai and its affiliate Kia Motors ... [Read]