Tesla Motors (NASDAQ:TSLA)‘s stock had its “overweight” rating reiterated by equities research analysts at Morgan Stanley in a research note issued to investors on Thursday, Stock Ratings News reports. They currently have a $320.00 price target on the stock. Morgan Stanley’s target price indicates a potential upside of 53.93% from the stock’s previous close. Tesla Motors Inc (NASDAQ:TSLA) shares after opening at $35.83 moved to $ on last trade day and at the end of the day closed at $207.73. Company price to sales ratio in past twelve months was calculated as 12.80 and price to cash ratio as 30.46. Tesla Motors Inc (NASDAQ:TSLA) showed a negative weekly performance of -0.06%.
Ford Motor Company (NYSE:F) says CEO Alan Mulally is retiring July 1 and will be replaced by long-time Ford executive Mark Fields, currently COO. Fields has been the heir-apparent since Ford created the COO post for him in December 2012. It’s the second peaceful transition this year in the often-contentious auto industry. In January, General Motors veteran Mary Barra replaced Dan Akerson as CEO in a planned move. Ford Motor Company (NYSE:F) shares fell -1.49% in last trading session and ended the day on $15.91. 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 22.20%.
General Motors Co. (NYSE: GM) dealers delivered 254,076 vehicles in the United States in April 2014. Total sales were up 7 percent compared with a year ago. Fleet sales were up 5 percent and retail sales – vehicles sold to individual buyers – were up 8 percent. GM expects to increase its retail market share from March. General Motors Company (NYSE:GM) shares moved up 1.22% in last trading session and was closed at $34.90, while trading in range of $ 34.54 – 35.40. General Motors Company (NYSE:GM) year to date (YTD) performance is -13.85%.
Toyota Motor Corp (ADR) (NYSE:TM) confirmed Monday, following a meeting with unsuspecting employees, that it will be moving its US sales headquarters from Torrance, California to a 70-acre facility in the city of Plano, 20 miles north of Dallas in Texas. The move, expected to be complete by 2017, will directly affect 3,000 Toyota employees currently working in Torrance at two of the company’s divisions; Toyota Motor Sales and Toyota Financial Services. The affected employees will be allowed paid trips to Texas and a lump sum payment should they choose to relocate. Toyota Motor Corp (ADR)(NYSE:TM) weekly performance is 2.51%. On last trading day company shares ended up $109.73. Toyota Motor Corp (ADR) (NYSE:TM) distance from 50-day simple moving average (SMA50) is -0.99%. Analysts mean target price for the company is $126.96.