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Tesla shares up on confident tweets from Musk


Elon Musk, the billionaire entrepreneur and co-founder of Tesla Motors is a widely popular and followed social media personality, which means his tweets are usually capable of generating even stock movements. This is exactly what happened recently, when some optimistic comments on Twitter about the electric automaker’s expansion prospects in China sparked a rapid rebound of the company’s share price. On ...
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US: FCA might increase Ferrari’s IPO above planned 10 percent level
Fiat Chrysler Automobiles NV could ultimately sell more than the planned 10 percent stake through an initial public offering this year on the New York Stock Exchange, said the company’s ...
Marchionne continues to increase his FCA stake
Fiat Chrysler Automobiles chief executive officer Sergio Marchionne has recently updated his controlling stake in the world’s seventh largest automaker. He now has command over almost one percent of the voting ...
US: GM rewards top executive, including CEO, with shares as incentive pay
The largest US automaker and the third biggest in the world, General Motors, has – according to filings with US regulators – kept its promises of awarding the high-level executives ...
US: GM investor believes company management needs improvements
One of the leading investor groups in GM recently challenged the current management strategy after announcing that it’s mulling a seat on the board of directors for an $8 billion ...
Report – Among falling profit, Ford opts to increase dividends
Ford Motor, the second largest US automaker, looks ready to raise its quarterly dividend quota by 20 % for the third consecutive year, even though the carmaker battles dwindling profit ...
BYD fights off slump with chairman further investing in shares
BYD Co Ltd, one of the many Chinese automakers, though famous actually for being backed by Warren Buffett’s investment fund, wants to go through a record share slump by showing ...
Ford falls out of favor with investors as they turn to General Motors
Traditionally, the second largest US automaker – Ford – had been seen as a better bet for options traders than its largest US rival – General Motors. But today the ...
FCA shares on the rise after Ferrari, capital movement news
The stock of Fiat Chrysler Automobiles traded at a six-month high after shares jumped more than 18% following the recent announcements that Ferrari would be spun off as an independent ...
Ferrari’s independence move shows the true winners
Fiat Chrysler Automobiles recently announced its decision to spin off its most prized possession – luxury sports car manufacturer Ferrari. And the biggest winners are the owners of the Exor ...

latest automotive news
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Chung Mong-koo, the chairman of Hyundai Motor Co, the fifth largest carmaker in the world when considered with affiliate Kia ...
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The BMW 4-Series Convertible is the subject of a recall because of a problem with its airbags. BMW has recently issued ...
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2015 New York Auto Show: Rolls-Royce Wraith Inspired by Film special edition
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