Tesla Motors Inc (NASDAQ:TSLA) plans to open up the design of its Supercharger system in order to encourage a standard forming in the industry off of the platform, reports Engadget. Though the initiative makes sense to analysts as a convoluted system of manufacturer-specific networks isn’t feasible, they also note that there is a touch of risk with giving away the intellectual property. Tesla Motors Inc (NASDAQ:TSLA) net profit margin is -6.50% and weekly performance is 0.30%. On last trading day company shares ended up $205.31. Analysts mean target price for the company is $224.83. Tesla Motors Inc (NASDAQ:TSLA) distance from 50-day simple moving average (SMA50) is 0.41%.
On 19 MAY Honda Motor Co Ltd (ADR) (NYSE:HMC) reported $94.61 EPS for the quarter, beating the Thomson Reuters consensus estimate of $88.01 by $6.60. The company had revenue of $3,097.20 billion for the quarter, compared to the consensus estimate of $3,220.42 billion. The company’s quarterly revenue was up 3.2% on a year-over-year basis. Honda Motor Co Ltd (ADR) (NYSE:HMC) shares fell -0.26% in last trading session and ended the day on $35.00. HMC Gross Margin is 26.00% and its return on assets is 3.80%. Honda Motor Co Ltd (ADR) (NYSE:HMC) quarterly performance is -4.29%.
Ford Motor Company (NYSE:F)’s strategy is FY 2014 has been focused on ‘Early Intrusion’! Quite pragmatically, Ford throttled its sales figures across China, as the figures grew from 70,449 wholesales (May 2013 Statistics) in contrast to a whopping increase of 93,323 wholesales in May 2014. On the monthly comparison, F’s sales improved in 2014 by 32%, whereas, its year-to-date sales improved in FY 2014 by a sumptuous figure of 461,473 wholesales – rising by 39%. Ford Motor Company (NYSE:F) shares moved down -0.47% in last trading session and was closed at $17.00, while trading in range of $17.00 – $17.12. Ford Motor Company (NYSE:F) year to date (YTD) performance is 11.92%.
The Boeing Company (NYSE:BA) said it has raced out to a lead over Airbus in commercial aircraft orders during the first five months of 2014, having nearly doubled its rival’s order total so far. The Boeing Company (NYSE:BA) ended the last trading day at $137.96. Company weekly volatility is calculated as 0.83% and price to cash ratio as 8.23. The Boeing Company (NYSE:BA) showed a positive weekly performance of 1.52%.
Daimler AG (USA) (OTCMKTS: DDAIF) said it has renewed its approval of two leading Axalta Coating Systems global refinish brands – Spies Hecker® and Standox® – as car paint brands that are authorized for use by Mercedes-Benz dealerships and bodyshops across Russia, Germany, Belgium, Switzerland and Luxembourg. The contract renewal extends the term of the approval with Daimler AG until the end of 2016. Daimler AG (USA) (OTCMKTS: DDAIF) on last trading day company shares ended up $94.97.