New Jersey is banning Tesla Motors Inc (NASDAQ:TSLA). No, you won’t get pulled over for driving your Model S on the Turnpike. But if rules passed yesterday by New Jersey regulators and backed by GOP Governor Chris Christie take effect, you won’t be able to visit a Tesla store in the state. In an effort to protect traditional car dealerships, New Jersey is trying to shut the electric car maker down before it ever gains traction. Tesla Motors Inc (NASDAQ:TSLA) stock opened today at $243.79 and is currently trading at $240.96. The stock showed a negative weekly performance of -4.42%.
Ever since General Motors Company (NYSE:GM) announced the recall of 1.6 million vehicles because of a faulty ignition switch, lawyers across the country have been preparing to sue the automaker. One law firm in San Francisco says it received phone calls from more than 200 potential litigants — mostly victims of crashes involving the recalled cars, or the victims’ relatives — in just the last week. General Motors Company (NYSE:GM) stock opened at $35.04, in current trading session and currently is at $35.04, by gaining 0.06%. The 52 week range of $27.11 – $41.85. Company’s market capitalization is $55.37 billion.
The helping hands of the Ford Motor Company (NYSE:F) Volunteer Corps are working for children and families on a Ford Accelerated Action Day. More than 500 Ford employees are participating at 32 nonprofit locations across southeast Michigan. MODEL Teams of Ford volunteers are painting shelters, renovating family centers and helping to build homes. Many of the participating organizations will share more than $57,000 in Ford grants to buy the tools, supplies and materials needed to complete their projects. Ford Motor Company (NYSE:F) stock opened at $15.46 and currently trading at $15.34. The EPS of the stock is 1.76. Company’s market capitalization is $61.11 billion.
TheStreet Quant Ratings rates Kandi Technologies Group Inc (NASDAQ:KNDI) as a hold. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and good cash flow from operations. Kandi Technologies Group Inc (NASDAQ:KNDI) stock opened the session at $18.12, and now is at $18.20. The 52 week range of the KNDI stock remained $3.55 – $20.75 and the day range was $17.75 – $18.31.
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