Tesla Motors Inc
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Tesla described itself as the only American car company to have fully repaid government loans, but Chrysler called that statement "unmistakably incorrect."
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NEW YORK, May 24- U.S. stocks mostly declined for a third day on Friday, putting indexes on track for their first negative week since mid-April, on lingering concern that the U.S. central bank may scale back its stimulus measures to support the economy. The Dow edged into positive territory by late afternoon trading, buoyed by a 4 percent gain in Procter& Gamble.
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Tesla described itself as the only American car company to have fully repaid government loans, but Chrysler called that statement "unmistakably incorrect."
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DETROIT, May 23- Chrysler Group LLC and Tesla Motors Inc, both led by media-savvy executives, are trading public jabs over the definition of payback. Tesla wired $452 million on Wednesday to repay the remaining portion of its U.S. Department of Energy loan with interest.
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The company became the first automaker to repay money borrowed under the Advanced Technology Vehicle Manufacturing program.
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Check out which companies are making headlines after the bell Wednesday:
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DETROIT, May 22- Electric carmaker Tesla Motors Inc on Wednesday said it has paid off its U.S. Department of Energy loan, using money raised last week in a stock and notes offering.
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The Fed sends the markets a mixed message about the end of quantitative easing; US millionaires aren't investing; immigration reform inches ahead.
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CNBC's Phil LeBeau reports that former GM chair Bob Lutz is teaming up with a Chinese firm to bid for Fisker Automotive, among other auto news.
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Among the stock activity stories for Tuesday, May 21, from AP Business News:. _ Shares of Tesla Motors Inc. fell, a brief decline amid huge gains this month after the electric car maker posted its first quarterly profit.
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DETROIT-- Tesla Motors fell more than 5 percent in early trading Tuesday, a brief decline amid huge gains this month after the electric car maker posted its first quarterly profit. Tesla's stock price had jumped 74 percent between May 8, when first-quarter earnings were announced, and May 14, when it hit a 52- week high of $97.12.
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Tesla CEO is expected to use the potentially $1 billion windfall from a new stock offering to pay off the maker's $465 million in DOE loans, and to help fund additional products.
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Some green-minded U.S. motorist helped the nascent battery car market reach a critical milestone this past weekend, purchasing the 100,000th plug-based vehicle.
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During his travels, the Mad Money host is hearing a lot about Tesla. And the commentary has got him thinking. Get the details now!
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Markets are on alert for Fed speak this week, and whether that could finally trigger 'Sell in May.'
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LOS ANGELES, May 20- In October 2004, then California Governor Arnold Schwarzenegger rolled up to a pioneering fueling station at Los Angeles International Airport in a hydrogen-powered metallic blue Hummer loaned to him by General Motors Corp..
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Mamta Badkar, Business Insider, explains whether day trading will make a comeback. A wave of "home gamers" are getting into the market with the idea of trying to get rich quick, writes Damien Hoffman of the Wall Street Cheat Sheet.
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NEW YORK-- Tesla Motors shares fell Friday as the electric car maker increased the size of its stock and note sales by nearly 17 percent. THE SPARK: Tesla disclosed in a regulatory filing that it now plans to sell 3.39 million shares in a public offering, and has priced them at $92.24 each, according to the filing with the Securities and Exchange Commission.
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PALO ALTO, Calif.-- Electric car maker Tesla Motors Inc. has increased the size of its stock and note sales by almost 17 percent, citing high demand from investors. The Palo Alto, Calif., company said in a regulatory filing on Friday that is now expects to gross $968 million from the sales, which will take place on May 22.