The argument of why Tesla Motors Inc (NASDAQ:TSLA) is like Apple Inc. (NASDAQ:AAPL) certainly isn’t a new one. This time around though, we have it from the perspective of an Apple expert. Forbes contributor Ken Kam tells us the view of Marketocracy’s Eugene Groysman. Tesla Motors Inc (NASDAQ:TSLA) shares after opening at $216.50 moved to $216.75 on last trade day and at the end of the day closed at $208.45. Company price to sales ratio in past twelve months was calculated as 12.75 and price to cash ratio as 30.36. Tesla Motors Inc (NASDAQ:TSLA) showed a negative weekly performance of -5.32%.
On the observation deck of the New York’s Empire State Building the all-new 2015 Ford Motor Company(NYSE:F)’s Mustang convertible will be displayed on April 16-17. Ford Motor Company (NYSE:F) shares advanced 0.97% in last trading session and ended the day on $15.60. F return on equity ratio is recorded as 34.20% and its return on assets is 3.60%. Ford Motor Company (NYSE:F) yearly performance is 24.20%.
A General Motors Company (NYSE:GM) engineer signed off on a design change for troubled ignition switches even though those changes did not meet company standards, according to documents provided to a U.S. House of Representatives panel. The disclosure appeared to conflict with information provided by GM engineer Ray DeGiorgio during 2013 legal proceedings surrounding the company’s defective ignition switches that are linked to 13 deaths. The manufacturer of the switch, Delphi Automotive, said the redesigned switches used in 2008-2011 models of the recalled GM vehicles still did not meet GM standards, in an assertion that could increase the number of deaths linked to the defect. General Motors Company (NYSE:GM) shares moved down -0.89% in last trading session and was closed at $34.42, while trading in range of $33.95-$34.79. General Motors Company (NYSE:GM) year to date performance is -15.03%.
Toyota Motor Corp (ADR) (NYSE:TM) announced plans to buy back stock for the first time since February 2009. The automaker intends to repurchase up to 60 million shares — roughly half of which it will retire, with the remainder sold at a discount to the Toyota Mobility Foundation to fund future efforts. Toyota Motor Corp (ADR) (NYSE:TM) weekly performance is 4.60%. On last trading day company shares ended up $112.90. Toyota Motor Corp (ADR) (NYSE:TM) distance from 50-day simple moving average is -1.40%. Analysts mean target price for the company is $139.67.
Leave a Reply