electric

Tesla Shares Rise on Elon Musk's Forecast of Profitability in Q3

Tesla Shares Rise on Elon Musk's Forecast of Profitability in Q3

Tesla Inc. (NASDAQ: TSLA) Elon Musk tweeted early Friday morning that he expects the company to be profitable and have cash flow in the third and fourth quarter this year. Tesla shares rose by 3.2 percent at the opening bell.“The Economis..

Tesla aims to begin Model Y production in November 2019

Tesla aims to begin Model Y production in November 2019

Tesla Inc. (NASDAQ: TSLA) is reportedly targeting November 2019 to begin production of its Model Y sport utility vehicle, a SUV crossover of the Model 3, with production in China beginning two years later, two source told Reuters.Reuters learne..

Tesla Shares Rise on Stronger than Expected Q1 Vehicle Production

Tesla Shares Rise on Stronger than Expected Q1 Vehicle Production

Tesla Inc. (NASDAQ: TSLA) shares rose by over 7 percent during Tuesday’s pre-market hours after the electric vehicle manufacturer reported stronger than expected first quarter vehicle production numbers.In the first quarter, Tesla produced 34,..

Tesla Shareholders Back Elon Musk in $2.6 Billion Pay Package

Tesla Shareholders Back Elon Musk in $2.6 Billion Pay Package

Two of Tesla Inc. (NASDAQ: TSLA) shareholders are supporting a plan to award Elon Musk, CEO of Tesla, a compensation package valued at approximately $2.6 billion. The award is to prove that the electric vehicle manufacturer can keep Musk as CEO..

GM Makes Bold Promise to Create New Formula for Electric Car Batteries

GM Makes Bold Promise to Create New Formula for Electric Car Batteries

Mary Barra, General Motors Company (NYSE: GM) Co Chief Executive, has promised investors that the company will be selling profitable electric cars by 2021. There has been no major automaker that has done this before. GM plans to achieve this by comb..

FMC Corp hits 52-week high

FMC Corp hits 52-week high

FMC Corporation (NYSE: FMC) shares reached a 52-week high of $96.02 on December 26 before closing at $95.54. Shares have risen 8.6 percent in the last three months, compared to the industry’s 5.8 percent growth.According to Zacks, FMC Corp. ra..

GE to raise its stake in Arcam to 95%

GE to raise its stake in Arcam to 95%

General Electric Co. (NYSE: GE) announced on Wednesday it will buy shares of 3D printer maker, Arcam AB (STO: ARCM), from hedge funds Elliott Management and Polygon Investment Group.GE agreed to purchasing Elliot and Polygon’s outstanding Acra..