electric

GE Shares Rose on Barclays’ Upgrade

GE Shares Rose on Barclays’ Upgrade

General Electric Co. (NYSE: GE) shares rose on Monday after Barclays upgraded the stock to overweight, citing that appointment of new CEO may help the Company’s turnaround plan.According to CNBC, analyst Julian Mitchell wrote: "Even the m..

GE CEO Stands to Gain on GE Ressurgence

GE CEO Stands to Gain on GE Ressurgence

Last Monday, General Electric (NYSE: GE) announced their new CEO, Larry Culp, the 1st outside-hire CEO in 126 years. Culp was the former CEO of Danaher (NYSE: DHR), an industrial manufacturing company.Culp will be demanded to revive the Company&rsqu..

GE Stock at 9-Year Low

GE Stock at 9-Year Low

General Electric (NYSE: GE) has experienced a 52.43% share price drop in the past year. The conglomerate ranked no. 1 in the S&P 500 in 2004, worth USD 400 billion, is now ranked no. 59 in the S&P’s most valuable companies.  ..

Cost to Insure Tesla’s Debt Increases

Cost to Insure Tesla’s Debt Increases

The amount investors are required to pay to assure their debt holdings in Tesla Inc. (NASDAQ: TSLA) against declining credit quality increased on Monday, to its second-highest price ever, meaning the Company is at a greater risk of default.On Friday..

Tesla Plan to Build Factory in China and Potential Dilemma

Tesla Plan to Build Factory in China and Potential Dilemma

Tesla Inc. (NASDAQ: TSLA) plans to build a new factory in China with the capacity to manufacture 500,000 electric vehicles per year. However, the factory and assembly line will take up to two years to build, according to a Tesla spokesperson.McKinse..

Tesla to Build a Plant in China

Tesla to Build a Plant in China

Tesla Inc. (NASDAQ: TSLA) shares rose on Tuesday after Bloomberg reported that the electric car maker reached a preliminary agreement with the Shanghai government to build an assembly plant.According to Bloomberg, the plant is expected to have the c..

Tesla Finally Reaches Production Target

Tesla Finally Reaches Production Target

Tesla Inc (NASDAQ: TSLA) announced Monday that it has finally reached its desired production milestone, in the last seven days of Q2, Tesla produced 5,031 Model 3 and 1,913 Model S and X vehicles. Tesla also raised its production target for the Mode..