By Drew Sandholm
From safety recalls to critical reviews and a heavy short position, there have been bumps along the way for Tesla Motors’ stock, and yet it keeps driving forward.
Category Archives: Useful Information
U.S. Finds Fresh Use for Seldom-Used Statute in Subprime Cases
By PETER J. HENNING
Like a child with a new toy, the U.S. Justice Department is using a powerful civil fraud provision to investigate potential fraud in the marketing of securities backed by risky auto loans.
Why share Analysts Keep Chasing Tesla Higher
By Chris Lange
Tesla has been upgraded by several analysts of late. Deutsche Bank upgraded the stock on Monday on the heels of a very positive analyst initiation from Pacific Crest last week. Both analysts see Tesla’s stock price marching above $300.
Tesla shares Reach Record High as Deutsche Raises Forecast
By Alan Ohnsman
Tesla shares rose to a record after a Deutsche Bank AG analyst raised his target price and rating for the electric-car maker’s shares, citing his expectation for faster growth.
BMW, others lead shake-up of once-closed Korean market
South Korean automakers may threaten the global dominance of automakers such as Volkswagen and Toyota, but they are losing ground at home to fast-growing rivals.
Imports from foreign brands – especially premium automakers such as BMW and Mercedes-Benz – have been rising for years despite an overall market that has been stagnant at about 1.4 million units.
