By Claudia Assis
Tesla Motors Inc. shares rallied Wednesday as Pacific Crest Securities put a $316 price target on the stock and on news the car maker had resolved a trademark dispute in China.
Category Archives: Useful Information
UK New car sales continue to soar
New car sales in the UK show no sign of abating, with registrations rising for the 29th consecutive month.
Tesla: $316 per share Here We Come
By Ben Levisohn
So many analysts base their bullish outlooks for Tesla on its long-term potential that it’s refreshing to see one that’s looking out only to 2016.
China to punish Audi, Chrysler for ‘monopoly’ acts
By Bill Savadove
China stepped up pressure on foreign carmakers in the world’s biggest auto market Wednesday, pledging to punish German luxury brand Audi and Chrysler of the United States for “monopoly behaviour”.
China targets foreign auto sector with Mercedes probe
By Bill Savadove
China’s probes into foreign firms spread to the auto sector Tuesday as German car giant Daimler said it was assisting authorities after reports anti-monopoly investigators raided an office of its Mercedes-Benz unit.
