Tesla Motors (NASDAQ:TSLA) is making progress when it comes to battling states for the right to sell directly to customers. An Arizona senate panel voted to allow the company to bypass dealers and sell directly to customers. Tesla Motors Inc (NASDAQ:TSLA) shares after opening at $236.16 moved to $239.25 on last trade day and at the end of the day closed at $234.91. Company price to sales ratio in past twelve months was calculated as 14.33 and price to cash ratio as 34.11. Tesla Motors Inc (NASDAQ:TSLA) showed a positive weekly performance of -1.21%.
Ford Motor Company (NYSE:F) is partnering with General Electric Company (NYSE:GE) to supply vehicle charging stations at Ford facilities across the country. Ford Motor Company (NYSE:F) shares advanced 0.45% in last trading session and ended the day on $15.55. 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 19.52%.
General Motors (NYSE:GM) announced on Wednesday that it will be infusing its Flint, Michigan, assembly plants with $200 million to support the development and production of the next generation of Ecotec small-displacement engines, which rely on a more modular architecture “that broadens its adaptability to global markets and reduces manufacturing complexity — while offering customers leading-edge efficiency, refinement and durability,” the company said. General Motors Company (NYSE:GM) shares moved up 1.00% in last trading session and was closed at $35.26 while trading in range of $34.40 – $35.27 – General Motors Company (NYSE:GM) year to date (YTD) performance is -12.96%.
Toyota Motor Corp (ADR) (NYSE:TM) it appears has chosen the softer and quicker way out of a situation which had the potential of snowballing into not just a huge financial burden but a public backlash of epic proportions. Toyota Motor Corp (ADR) (NYSE:TM) weekly performance is -2.36%. On last trading day company shares ended up $ 107.61. Toyota Motor Corp (ADR) (NYSE:TM) distance from 50-day simple moving average (SMA50) is -7.21%. Analysts mean target price for the company is $139.67.
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