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Stock Market & Financial Investment News

News Breaks
July 9, 2014
07:52 EDTGM, HMC, TSLA, TM, NSANYJapan leading drive for fuel cell vehicles, FT says
Japanese carmakers, supported by government initiatives and subsidies, are leading the charge to commercialize fuel cell vehicles, with Toyota (TM) having confirmed plans to launch a hydrogen fuel cell sedan in Japan before April, Nissan (NSANY) aiming to debut one in 2017 and Honda (HMC) joining forces with General Motors (GM) to develop the technology, with an intent to launch a fuel-cell car by 2020, said Financial Times. The report notes that Tesla (TSLA) CEO and founder, Elon Musk, has been among the harshest critics of fuel cells, famously having called them “fool cells.” Reference Link
News For TM;HMC;NSANY;TSLA;GM From The Last 14 Days
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November 25, 2015
08:37 EDTTSLATesla early January volume report should ease concerns, says Credit Suisse
Credit Suisse analyst Dan Galves said he expects short-term worries currently plaguing Tesla Motors, namely Q4 volume concerns and fears about the Model X production ramp, to be positively addressed by early January when Tesla discloses its volumes for the quarter. Galves, who thinks it is possible for Tesla to reach 17,000 units in the quarter and views Monday's release of full Model X specs and pricing as a sign that a production ramp is "in sight," keeps an Outperform rating and $325 price target on Tesla shares.
08:37 EDTNSANY, TMToyota to recall Takata air bag inflators previously ruled safe, NY Times says
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06:29 EDTTM, NSANY, HMCTakata manipulated air bag testing data as early as 2000, NY Times reports
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05:58 EDTTM, NSANYToyota recalls 1.6M cars after Nissan air bag injury, Bloomberg reports
Toyota (TM) reissued a recall for 1.6M cars in Japan over Takata air bags, reports Bloomberg. The recall comes after a component that was deemed safe in a Nissan (NSANY) vehicle ended up injuring a passenger last month. Reference Link
November 23, 2015
10:37 EDTTM, NSANY, HMCFord no longer using Takata air bag inflators in future cars, AP reports
Ford (F) will stop using air bag inflators manufactured by Takata (TKTDY) in future vehicles, the Associated Press reports. The company joins Honda (HMC), Toyota (TM), and Nissan (NSANY) in choosing not to put the inflators in vehicles currently under development, the report says. Reference Link
09:49 EDTTSLATesla slips lower in early trading, levels to watch
The stock is down 2% at time of writing to $215.58. At that price next support is at $208.80. Resistance is at the session high at $218.54.
06:24 EDTGMGM uses KBB to offer targeted incentives, Automotive News reports
General Motors has turned to Kelley Blue Book's website to offer targeted incentives to customers, Automotive News reports. Reference Link
November 22, 2015
18:46 EDTGMUAW union ratifies General Motors agreement
The United Auto Workers announced that its international executive board has formally ratified the national labor agreement with General Motors. The union explained that, after its proposed agreement with GM was blocked by the union's skilled trades members, it held meetings with those members and subsequently presented their concerns to both union leadership and GM itself. Following those discussions, the parties agreed to changes that "protect core trades classifications and seniority rights," according to UAW. Reference Link
November 20, 2015
16:02 EDTTSLAOptions Update; November 20, 2015
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12:34 EDTTSLATesla November 215 and 220 puts active following Model S seatbelt recall
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12:14 EDTTSLATesla drops 2% following Model S seatbelt recall
According to multiple media reports, Tesla Motors is recalling all Model S sedans, or 90,000 cars worldwide, to inspect their front seat belts after a a customer in Europe reported that her seat belt disconnected when she turned to talk to rear passengers. Seat belts in the back seat also aren't affected and the the Model X SUV is not affected either. Shares of Tesla are down 2% to $217.26 in early afternoon trading following the news.
12:08 EDTTSLATesla down over 2% after reports of Model S recall
12:08 EDTTSLATesla recalling 90K Model S cars to check seatbelts, Bloomberg says
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09:25 EDTTSLATesla CEO says Autopilot ramp up a 'super high priority'
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November 19, 2015
07:55 EDTGMGM's Reuss: Company 'deeply committed' to EVs, FT says
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November 18, 2015
09:32 EDTTSLA, GM, TMThe House Oversight & Government Reform Committee to hold a hearing
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08:11 EDTTSLAMusk, Silver Lake investing over $100M in SolarCity, NY Times reports
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07:57 EDTGMBarclays to hold a conference
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06:32 EDTTMToyota's Mirai gaining traction in California, Reuters says
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06:28 EDTTSLATesla Model 3 will minimize wind resistance, Electrek reports
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