32 Articles
Official
1,800 Tesla Model 3 orders per day roll in as revenue doubles — but losses are biggest yet

But the company's net loss attributable to shareholders widened to $336.4 million.

Report
Investors pushing Elon Musk to loosen control of Tesla board

Tesla's bid on Solar City opened up an enormous can of worms.

CtW Investments Group is demanding Tesla add two independent directors to the company's board and separate the chairman and CEO roles.

Breaking
Automotive stock prices fall worldwide in the wake of Brexit

Stock prices worldwide have taken a hit in the wake of the UK referendum. The long-term impact is still unknown, but companies across the auto industry are seeing immediate consequences.

Open Road
Buy Ford and GM stock and make 5%

Be A Car Nut And Make Money

Ford and GM have dividends that pay way more than regular investments. A car nut can invest in them once again.

Report
Tesla raises $738M in stock sale

Tesla made nearly three-quarters of a billion dollars in its latest stock sale, moving a total of 3.1M shares. That result is a million more than originally announced.

Report
Ferrari worth over $11 billion, says Marchionne ahead of IPO

Sergio Marchionne figures Ferrari is worth $11 billion. Yes, that's right: billion, with a B. And we'll soon find out as the company's IPO is just around the corner.

Report
Tesla acquisition sends penny stock soaring, but buyer beware

Following Tesla's announcement to purchase Riviera Tool LLC, investors bought the wrong stock, which had a similar name. Regulators had to step in and stop trading of the tool and die company's shares.

Report
Toyota offering $4.2 billion in stock to fund Mirai, new hybrids

More Green For Green Tech

Toyota is preparing to sell $4.2 billion in special stock that would lock investors in for five years, but pay a higher dividend and could be sold back to Toyota at the issue price so investors wouldn't make a loss.

Report
Toyota plans biggest stock buyback in over a decade

At the end of December, 2013 Toyota had a cash stockpile of 1.8 trillion yen ($17.5B US). As of March 31, at the end of its current financial year, company coffers are expected to swallow another 1.9 trillion yen ($18.4B US) in net profit - said to be a record sum for the Japanese automaker. In a gesture signaling a turnaround from the horrors of the global recession, Bloomberg reports that Toyota will buy back 60 million shares of its stoc

Tesla Stock Hits All-Time High Hours Before Fifth Car Fire Reported

Model S burns in Toronto garage

A Tesla caught fire while parked in its owner's garage in Toronto earlier this month. This marks the fifth car fire in five months for the California-based automaker, according to CNBC.

Tesla Is Literally Best Stock Buy in The World

American car company Tesla is blowing away rational value estimates.

Tesla Motors is the the best performing stock in the world so far this year, up 410 percent, reports The Wall Street Journal.

Report
US Treasury sells $877 million in GM stock

The United States Treasury has shuffled another 135 to 137 million shares of General Motors stock as it continues its exit from the Detroit-based manufacturer. According to The Detroit News, the July sale netted the government $876.9 million, which was valued between $34 and $37 per share.

Report
Ford family keeps special voting rights

Ford Motor Company has a dual-class stock structure of Class A and Class B shares. The roughly three billion Class A shares are for the general public like you and me, while the roughly 71 million Class B shares are all owned by the Ford family. Each Class A share gets the shareholder one vote, each Class B share is worth 16 votes, the result being that

Report
Why Tesla will need more loans to make it through 2013

It's fun to bet against Elon Musk and Tesla – that's the best reason we can find for so many people doing it even though the man, his company and his cars are still here and still very popular. The latest name inscribed in the column labeled "Skeptical of Tesla" is John Shinal at Market Watch who, in year-end commentary on Tesla's financials, says that the "carmaker's financials are reminiscent of a dot-com's." He does not mean that in the g

Official
Ford reports 58% drop in Q2 profits on European losses

Ford Motor Company announced Wednesday that it has posted a $1 billion profit for the second quarter of 2012. That sounds like good news for the Blue Oval, until you take into account that Ford posted a $2.4 billion profit for Q2 a year ago. That is a substantial 58 percent loss.

Official
Blue Oval no longer in hock as Ford credit rating upgraded

Moody's upgraded Ford's credit rating to investment grade today, the final step for the company to be able to reclaim its Blue Oval. Ford had offered its globally recognized trademark as part of a 2006 loan package. According to the Detroit Free Press, the collateralized logo and the rest of Fod's assets and intellectual property would not return to the automaker until it achieved an investment-grade credit rating with at least two of the thr

Report
Ford no longer junk at Fitch as bonds return to investment grade

No doubt Ford has seen the light shining at the end of its turnaround plan for a while, but now The Blue Oval is getting so close to the daylight it might even be able to smell the fresh air. By the end of 2005, Ford bonds were rated so low by the three major ratings agencies they was floating in the cistern below the basement of junk status. After

Report
GM leads worst performing auto stocks of 2011

In spite of General Motors standing poised to retake the top sales spot, Chevrolet perhaps breaking its all-time sales record, and an anticipated Buick and two new Jonathon Ramsey

Official
Ford reinstates dividend, first one in half-decade

In another sign of its success, Ford has announced that it will be paying out a quarterly dividend, the first time it will do so in over five years. The five-cents-a-share dividend will begin on March 1, 2012.

Report
Delphi planning $550M IPO

It took Delphi four years to exit bankruptcy, but after a major restructuring and staggering losses, the parts maker is once again ready to sell shares to the public. The Detroit News reports that Delphi will offer a $550-million stock offering later this month. The move comes after Delphi announced in May of 2011 that it would seek an Initial Public Offering,

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