Tesla's newest round of layoffs is simply Elon Musk trying to "right-size" the company, said Steve Westly. But Needham analyst Rajvindra Gill said there are risks on the horizon.
CNBC. Fri, 18 Jan 2019 17:53 GMT.
Goodyear shares plunged 12 percent after the company announced that fourth-quarter tire unit volumes declined by about 3 percent due to the continued weakening of the environment in China and India.
CNBC. Tue, 15 Jan 2019 19:56 GMT.
U.S. President Donald Trump said China had agreed to cut import tariffs on American-made cars, buoying shares in BMW and Daimler AG who manufacture in the United States for export to the world's biggest auto market.
Reuters. Mon, 03 Dec 2018 08:39:11 -0500.
BMW shares rallied the most in more than three years after U.S. President Donald Trump said China had agreed to remove painful tariffs on imported U.S.-built cars shipped to the world's biggest automotive market.
AutoNews.com. Mon, 3 Dec 2018 05:02:08 EST. Subscription may be required.
President Donald Trump said China had agreed to cut import tariffs on American-made cars, buoying shares in BMW and Daimler AG who manufacture in the United States for export to the world's biggest auto market. ...
Newsmax. Mon, 03 Dec 2018 05:30:30 EDT.
CarGurus, an online automotive marketplace for consumers, is now allowing third-party vendors access to data about how customers are using the shopping platform.
AutoNews.com. Fri, 9 Nov 2018 11:59:20 EST. Subscription may be required.
Shares of U.S. automakers rose on Monday after a report that China was considering halving its car purchase tax to 5 percent to support its struggling auto industry, which has been hit hard by the ongoing Sino-U.S. trade war.
Reuters. Mon, 29 Oct 2018 12:12:19 -0400.
I believe that valuation premium will unwind over the next 12 months as Musk realizes that, as nearly every other auto company CEO has learned, reality bites.
By Jim Collins, Contributor. Forbes. Wed, 3 Oct 2018 10:38:00 -0400.