UBS cuts its price target for Tesla shares by $30 on concerns that deliveries could be at the lower end of guidance.» Read More
MELBOURNE, Oct 27- South Korea's POSCO may build and help arrange financing for a graphite project in Tanzania being developed by Magnis Resources, as the Australian explorer races to start producing from the east African site by 2017.. Electric car maker Tesla Motors Inc is looking for graphite supply for a factory it is building in Nevada which it says will...
SHANGHAI, Oct 23- Tesla Motors Inc is negotiating with the Chinese government on potentially producing cars domestically, Chief Executive Officer Elon Musk said. The California- based automaker has struggled with weak sales in China, leading to job cuts this year. He added that Tesla's giant $5 billion battery plant in Nevada, known as the "gigafactory" would...
Expectations are low that the Fed will provide any new policy insight next week, and focus should stay on economic reports and a flood of earnings.
U.S. stock futures were sharply higher this morning, with a big move in premarket Nasdaq trading on a trio of tech titans. China's central bank cut interest rates this morning.
Tesla Motors Inc could begin producing cars in China in two years, chief executive Elon Musk said.
SHANGHAI, Oct 23- Tesla Motors Inc could begin producing cars in China in two years, Chief Executive Elon Musk said, adding that local production had the potential to cut the sales prices of its models in the world's largest auto market by a third. The California- based automaker has struggled with weak sales in China, leading to job cuts this year.
WASHINGTON, Oct 22- U.S. regulators will decide next month whether to take the unprecedented step of coordinating the Takata air bag inflator recall, saying the task of replacing nearly 24 million potentially deadly devices could be too massive to succeed without intervention. The recall has focused on front air bags so far, but could be expanded to Takata Corp...
Sergio Marchionne said America's auto industry needs to kick things into overdrive if it plans to keep up with innovators in Silicon Valley.
On a day filled with "Back to the Future" fanfare, "Fast Money" traders chose their best bets to play the decades ahead.
NEW YORK, Oct 21- Andrew Left's Citron Research is largely a one-man investment research operation that has shaken financial markets in both the United States and China from his home office in Beverly Hills, California. His missive on Wednesday on Valeant Pharmaceuticals International Inc caused the already-reeling stock to plunge and fed further doubts...
The push for greater fuel efficiency and connectivity is driving many car owners to complain about their vehicle's reliability.
DETROIT, Oct 20- General Motors Co on Tuesday outlined a wide-ranging partnership with Korean electronics firm LG Corp for production of the 2017 Chevrolet Bolt electric car that could establish a blueprint for such collaborations in the future. Several LG subsidiaries, including LG Electronics and LG Chem, have worked closely with GM to develop electric...
The U.S. stock market is better than bonds, but equities in Europe may see bigger upside, say three mutual fund chiefs who oversee more than $1.2 trillion of client assets.
SAN FRANCISCO, Oct 19- Apple Inc's aggressive recruitment of auto experts as it explores building a car has left a promising, if financially troubled, electric motorcycle startup in the dust. Mission Motors, whose sleek electric bikes drew comparisons to Tesla's cars, ceased operations in May after losing some of its top engineering talent to Apple, according to...
So far the earnings season has been lackluster, and some high-profile warnings have already given investors pause.
Elon Musk unveiled Tesla's Autopilot software for the Model S on Wednesday, and the automotive and tech press was all over the new feature.
CNBC's Phil LeBeau gets behind the wheel of Tesla's new Autopilot vehicle to get a feel for autonomous driving.
Some of the names on the move ahead of the open.
U.S. stock futures were higher this morning, despite Dow stock Goldman Sachs missing estimates on earnings and revenue.
CNBC's Phil LeBeau reports on what it's like to 'drive' with Tesla's Autopilot technology.