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Reports: Tesla Has Record Inventory Of Unsold Cars In China
Monday, March 16, 2015 - 8:20am | 210Chinese media has compared Tesla Motors Inc (NASDAQ: TSLA) imports to its sales and concluded that the company has 2,301 unsold Model S cars in China, according to a report in CarNewsChina.com. The company sold 2,499 cars in 2014 compared to imports of 4,800 in 2014. The reports say that Tesla...
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Elon Musk Takes To Twitter To Announce Tesla Upgrade
Friday, December 26, 2014 - 9:41am | 197Tesla Motor Inc (NASDAQ: TSLA) CEO Elon Musk took to Twitter to announce that an upgrade to its Roadster will enable drivers to travel non-stop from Los Angeles to San Francisco. Roadster upgrade will enable non-stop travel from LA to SF -- almost 400 mile range. Details tmrw. Merry Christmas!...
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QE Finally Ends
Wednesday, October 29, 2014 - 4:56pm | 1693U.S. stocks were marginally lower as traders and investors begin debating the effects of the markets in an uncertain post Quantitative Easing era. The FOMC has officially tapered the remaining $15 billion of its monthly asset purchases, thus ending the era of quantitative easing for the time...
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Markets Little Changed As Ukraine Uncertainty And Fears Persist
Wednesday, August 6, 2014 - 4:58pm | 3178U.S. stocks were little changed as uncertainty in Ukraine remains with comments out of Poland's government suggesting that the likelihood of a Russian invasion of Ukraine has increased over the past day. NATO's deputy secretary general shared similar sentiments and stated that Russia...
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Memories Of March Return As Momentum Stocks Hit Hard
Tuesday, July 8, 2014 - 4:49pm | 1900U.S. stocks sold off hard with momentum stocks seeing larger losses with names like Twitter, Facebook, FireEye and others under-performed major indices significantly. The Fed's richmond President Jeffrey Lacker commented that U.S. inflation has bottomed and is moving towards its target...
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Market Wrap For April 24: Apple's Smashing Earnings Overshadowed By Ukraine Concerns
Thursday, April 24, 2014 - 4:41pm | 3104U.S. stocks inched higher as Apple's strong earnings reported on Wednesday proved to be not enough to ease fears over an escalating tension between Russia and Ukraine. Reports surfaced of escalated troop movements in Ukraine while Russia began military drills near the Ukraine border. After...
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Market Wrap For April 22: S&P Rises For Sixth Straight Day, Dow & Nasdaq Also Positive
Tuesday, April 22, 2014 - 4:52pm | 2838U.S. stocks rose as investors cheered recent earning reports and a positive home sales data for March. A $45 billion M&A offer also contributed to Tuesday's buying action as investors could be excited and motivated to buy stocks ahead of a few rough weeks of bearish activity. The S&P...
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Market Wrap For April 21: S&P 500 Extends Winning Streak To Five Days, Dow & Nasdaq Also Positive
Monday, April 21, 2014 - 4:37pm | 2987U.S. stocks rose as investors felt that earnings season is positive enough so far to reverse weakness the markets have seen in recent weeks. "Investors were braced for poor results, and at least so far, the numbers have been better than feared. We'll have a little more information to act on...
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Market Wrap For April 14: Markets Surge on Positive Retail Data, Citi Earnings
Monday, April 14, 2014 - 4:36pm | 2450U.S. stocks rose to start off the holiday-filled shortened trading week on a positive note as investors found plenty of reason to be optimistic on retail sales which jumped the most since 2012. Investors were also encouraged by Citigroup's better than expected earnings which eased investor...
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Market Wrap For March 31: Stocks Rally As Yellen Confirms Support For Economy
Monday, March 31, 2014 - 4:37pm | 2097U.S. stocks rose in the final day of the first quarter as the Fed's boss Janet Yellen said there is still room for the central bank to further boost the economy. Yellen, speaking in Chicago today, said the scars from the Great Recession remain, and reaching our goals will take time." Yellen...
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General Motors Continues Its Battle To Win The Chinese Market
Wednesday, March 5, 2014 - 2:45pm | 529China is vital for General Motors (NYSE: GM). Afterall, the Detroit-based automaker sells more vehicles in China than any other country, including the United States. When General Motors announced that February deliveries rose 20 percent, investors should find further conviction that the company...
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Tesla Looks To China To Drive Growth
Monday, February 10, 2014 - 2:55pm | 379On Monday, investors woke up to news that the Chinese Finance Ministry will extend a program of subsidies for buyers of electric-powered cars. The subsidy, originally set to be phased out by 2015, will be replaced with a new regime “to preserve policy continuity.” The Chinese government has spear-...
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Top Trending Tickers On StockTwits For February 10
Monday, February 10, 2014 - 1:59pm | 830Here's a look at the top tickers trending on StockTwits.com Tesla: China set to extend electric car subsidies past 2015 Reuters reported that China's Ministry said over the weekend that the government will extend a program of subsidies for consumers who purchase electric-powered vehicles in an...
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Market Wrap For January 23: Chinese Data, Mixed Earnings Spooking Investors
Thursday, January 23, 2014 - 5:47pm | 2950Traders and investors woke up Thursday morning to troubling news out of China. Chinese January HSBC flash PMI declined to 49.6 from a 50.5 in December. The data is re-starting the Chinese slowdown debate and according to Reuters has “reinforced concerns about global growth, especially in...
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Market Wrap For December 17: Markets Relatively Calm Before The Potential Storm
Tuesday, December 17, 2013 - 5:51pm | 2637The main question going in to Tuesday's trading session was whethere the Fed will decide to scale back its $85 billion monthly bond buying program. A budget deal in Congress and solid economic data make the case that tapering will begin sooner rather than later. Major indices were virtually...