Tesla's shares rose as much as 14 percent to $163.26 on Thursday morning, a day after Chief Executive Elon Musk promised that the company would start making money this year. While the company surprised investors with the strength of its vehicle sales forecast, some Wall Street analysts said the target was ambitious and that Tesla's cash burn rate remained a...» Read More
Ford shares have been on a tear, nearly doubling in the past year. The automaker has finally turned a profit, delivering four consecutive quarters of income growth, the longest streak since 2005.
The economy will continue to gradually recover, and doesn't appear headed for a slowdown, Michael Ward, chairman of CSX, told CNBC Tuesday.
When I got into the Nissan LEAF for a true extended test drive here in southern California, I had a pretty good sense of what to expect: A quiet ride, good acceleration, and overall an enjoyable drive. I was wrong.
I think hiring Blankenship was a smart move by Tesla CEO Elon Musk. Blankenship has worked at Gap and Apple , two companies with retail stores customers wanted to visit. Granted getting someone into a store to check out clothes or an iPod is far different from checking out a new car. Or is it?
The problems caused by underfunded pension have been swept under the rug for years, but as Ken Hackel points out, that is about to change or should change.
As Ford prepares to release its MyFord Touch and MyLincoln Touch in-car communication systems a new feature of the systems will get a lot of attention.
Today's six stocks worth watching.
A week ago, Tesla investors were riding high, telling me and many others, "See, this stock is gonna do great." Their euphoria was understandable since shares of TSLA priced higher than anyone expected at $17 a share and took off from there.
Halfway through the year, it's becoming clear American auto buyers have re-discovered the two biggest American auto brands.
Toyota Motor says it intends to recall 138,000 Lexus vehicles in the United States to fix faulty engines in the latest quality problem at the world's No. 1 automaker.
It's Friday. Fourth of July weekend. My Worst Traffic Nightmare. Whether folks are driving from LA to Vegas, Miami down to the Keys, Manhattan to the Hamptons, many drivers will seriously consider turning around and going home at some point.
With Toyota reportedly on the cusp of another major recall, this time for faulty engines in 170,000 Lexus models worldwide, it's clear this company is far from getting out of the woods.
First of all, let's be clear about June auto sales. Yes, everyone will be up compared to June of last year. Big deal. June of last year the economy was even further in the tank, GM and Chrysler were in bankruptcy, and the auto industry was gasping.
Get the latest from the person Cramer describes as “the greatest turnaround artist of all time.”
At the end of the quarter, many portfolio managers look to wash their hands of losers and start anew. This is an opportunity for you. In spite of all our economic troubles, all of those stocks resting at 52-week lows are not as bad as their stock prices would suggest.
There are a lot of negative headlines out there, but Cramer sees some positives, too.
Taxation on a US corporation’s foreign profits, now on the financial reform table in Congress, is a major concern, incoming CEO of Caterpillar, Doug Oberhelman, told CNBC Tuesday.
Tesla is going public today under the symbol TSLA. To say this IPO has gone better than expected would be an understatement. It's pricing at $17 a share, above the range originally set out, and with the number of shares being offered expanding to 13.3 million, this IPO will raise more than $225 million dollars for Tesla.
If GM were to go public today, would you buy the stock? Share your opinion.
What’s to love about Tesla Motors? It’s a good story, but…how many times have we heard good stories from Wall Street on IPOs of companies that have ended up in the junkyard?