Tesla Motors Inc (NASDAQ:TSLA) Director Antonio J. Gracias sold 20,000 shares of Tesla Motors stock on the open market in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $188.92, for a total transaction of $3,778,400.00. Tesla Motors Inc (NASDAQ:TSLA) net profit margin is -6.50% and weekly performance is 6.18%. On last trading day company shares ended up $196.09. Analysts mean target price for the company is $224.83. Tesla Motors Inc (NASDAQ:TSLA) distance from 50-day simple moving average (SMA50) is -7.59%.
General Motors Company (NYSE:GM) has some serious issues in production and public relations. The expanding list of cars recalled for ignition problems has the automaker scrambling to maintain its reputation with consumers. Then, on Friday, the Department of Transportation slapped a $35 million fine on GM — the maximum allowed by law. General Motors Company (NYSE:GM) shares advanced 0.74% in last trading session and ended the day on $34.25. Gross Margin is 10.60% and its return on assets is 4.00%. General Motors Company (NYSE:GM) quarterly performance is -4.83%.
Ford Motor Company (NYSE:F) is celebrating the 10-year anniversary of its groundbreaking Dearborn Truck Plant. As the centerpiece of Ford Rouge Center, Dearborn Truck Plant was conceived as Ford’s vision of sustainable manufacturing and has served as flagship for the company’s next generation of lean and flexible plants. Ford Motor Company (NYSE:F) shares moved up 1.02% in last trading session and was closed at $15.92, while trading in range of $15.72 – $15.94. Ford Motor Company (NYSE:F) year to date (YTD) performance is 4.81%.
Fiat S.p.A. (ADR) (OTCMKTS:FIATY) was downgraded by analysts at Mediobanca SpA from an outperform rating to a neutral rating. Fiat S.p.A. (ADR) (OTCMKTS:FIATY) ended the last trading day at $10.01 .
Canon Inc. through its digital imaging solutions subsidiary Canon U.S.A., Inc, has inked a global service agreement with Volkswagen AG (ADR) (OTCMKTS:VLKAY), a German automobile maker. The agreement covers the next few years during which Canon will provide multifunction office services and solutions to offices and factories of Volkswagen worldwide. Volkswagen AG (ADR) (OTCMKTS:VLKAY) on last trading day company shares ended up $51.44.
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