Category: Manufacturing

Industries, Manufacturing

BMW is hiking the price of American-made SUVs in China

July 30, 2018

Via: CNN

The German automaker said it has hiked the prices of two popular sports utility vehicles in the world’s biggest car market after China put tariffs on American-made imports. The prices of its X5 and X6 models have increased by 4% […]

Finance Tech, Industries, Manufacturing, Trading

Tesla shares rise after analyst raises Model 3 delivery estimate by 50%

June 12, 2018


Tesla is making significant progress in ramping up production of its Model 3 electric car, according to one Wall Street firm. KeyBanc Capital Markets significantly raised its second-quarter Model 3 delivery estimate to 30,000 from 20,000, citing its conversations with […]

Industries, Manufacturing

GM, Ford shares rise after US initiates investigation into auto imports

May 24, 2018


Domestic auto stocks rose Thursday after the U.S. Department of Commerce started an investigation into automobile imports. The government is looking into whether the imports “threaten to impair the national security” of the United States. It will be carried out […]

Industries, Manufacturing

GM, Tesla shares rise after China says it will cut tariffs on car parts and vehicles

May 22, 2018


Auto stocks rose Tuesday after China said it will slash tariffs on some car parts and vehicles as part of ongoing trade negotiations with the United States. The Chinese Finance Ministry said tariffs on certain vehicles will come down to […]

Industries, Manufacturing

Tesla isn’t spending enough money — and investors should be worried (TSLA)

May 3, 2018

Via: Business Insider

After a bizarre of a first-quarter earnings call on Wednesday night, the analysts who cover Tesla’s stock are starting to pump out reactions. Nomura’s Romit Shah, a bull with a $420 price target and a buy rating on shares, expressed […]

Enterprise, Industries, Manufacturing

Tesla Is Burning $6,500 Every Minute. It’s Probably Going to Need to Raise a Lot More

April 30, 2018

Via: Fortune

At the beginning of April, Tesla founder and CEO Elon Musk joked about the company going bankrupt, but it appears that such a seemingly unlikely outcome is no laughing matter. There is now a “genuine risk” that the electric car […]

Finance Tech, Industries, Manufacturing, Trading

Tesla shares fall after Moody’s downgrades credit rating

March 28, 2018


Moody’s downgraded Tesla’s credit ratings Tuesday and changed its outlook to negative from stable, citing “significant shortfall” in the Model 3 production rate and a tight financial situation. The credit ratings agency also said the electric car maker will likely […]

Industries, Manufacturing

German cars have the most to lose from changes facing the auto industry

March 1, 2018

Via: The Economist

GERMAN carmakers have much in common with the self-confident roadhogs who favour their vehicles. The cars they produce, with sleek design, doors that close with a satisfying thunk and roomy interiors swagged with leather and technology, are the dominant force […]

Enterprise, Finance Tech, Industries, Manufacturing, Trading

Here’s what to expect from Ford’s earnings report (F)

January 24, 2018

Via: Business Insider

Ford is scheduled to report its fourth-quarter earnings for 2017 on Wednesday, January 24 after the bell. Wall Street expects the motor company to report an adjusted earnings per share of $0.42, on revenues of $36.71 billion, according to a […]

Finance Tech, Industries, Manufacturing, Trading

If you want to buy Tesla stock, ‘now’s the time,’ Evercore says

January 10, 2018


Tesla shares are seeing a strong start to the year, and some market watchers expect further gains. The stock fell in Tuesday trading, just one session after surging over 6 percent — its best day since September. Although the stock […]