Two senators in California are trying to entice Tesla Motors Inc (NASDAQ:TSLA) to construct its planned Gigafactory in the state by sponsoring the SB 1309 bill that offers incentives in terms of both financial benefits and faster regulatory approvals to the automaker. Tesla Motors Inc (NASDAQ:TSLA) net profit margin is -6.50% and weekly performance is 0.19%. On last trading day company shares ended up $208.17. Analysts mean target price for the company is $224.83. Tesla Motors Inc (NASDAQ:TSLA) distance from 50-day simple moving average is 1.76%.
Ford Motor Company (NYSE:F) Company has put its stamp of approval on a manufacturing facility in Brampton.Faurecia, a global car parts supplier, announced that its emissions control technologies manufacturing facility at 40 Summerlea Rd. has landed a Q1 certification from Ford.Ford Motor Company (NYSE:F) shares advanced 2.40% in last trading session and ended the day on $17.08. F Gross Margin is 12.20% and its return on assets is 3.20%. Ford Motor Company (NYSE:F) quarterly performance is 10.19%.
General Motors Company (NYSE:GM) Friday issued another four recalls, this time for air bag and warning chime problems in about 89,000 models from 2012 to 2015. It was the latest of dozens of recalls this year that covered at least 15.9 million cars worldwide, mostly for ignition switch problems linked to numerous fatal accidents. The problem cars reached back to 2001 models. General Motors Company (NYSE:GM) shares moved up 1.61% in last trading session and was closed at $36.55, while trading in range of $35.75-$36.75. General Motors Company (NYSE:GM) year to date performance is -9.03%.
Toyota Motor Corp (ADR) (NYSE:TM) Motor Sales (TMS), U.S.A., Inc., reported May 2014 sales results of 243,236 units, an increase of 12.6 percent from May 2013 on a daily selling rate (DSR) basis. On a raw-volume basis, unadjusted for 27 selling days in May 2014 versus 26 selling days in May 2013, TMS sales increased 17 percent from year-ago month. Toyota Motor Corp (ADR) (NYSE:TM) ended the last trading day at $115.15. Company weekly volatility is calculated as 0.88% and price to cash ratio as 4.71. Toyota Motor Corp (ADR) (NYSE:TM) showed a positive weekly performance of 1.80%.
ING restated their sell rating on shares of Volkswagen AG (NASDAQ:VLKAY) in a report issued on Monday. They currently have a $30,000.00 target price on the stock, down from their previous target price of $35,000.00. Volkswagen AG (ADR) (OTCMKTS:VLKAY) On last trading day company shares ended up $53.12.