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Tag Archives: fiat chrystler

Top 5 Reasons to Buy Tesla (TSLA) Stock and Not to Sell Until 2025

Looking for the next stock in the market which can ensure a better retirement for you? Ignore Tesla (TSLA) stock at your own risk!With a solid performance over the last two quarters, Tesla has sent shivers to its competitors in the automobile industry. In just the last six months, Tesla Inc (NASDAQ: TSLA) stock has jumped over 200% making it the second-largest global automobile after Toyota Motor Corp (TYO: 7203). And probably it could be a good reason to buy Tesla (TSLA) stock these days.The...

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BMW, Audi, Porsche, Bentley to Livestream Their New Models as Geneva Show Is Called Off

The 2020 Geneva Motor Show is canceled after the Swiss government banned gatherings of 1,000 people or more due to concerns over the coronavirus. Now, most of the companies including BMW and Bentley will livestream their new models to the public.After Geneva International Motor Show was canceled due to rapidly spreading coronavirus, carmakers BMW, Porsche and Bentley decided to debut their new cars online. This isn’t anything unexpected since this approach has been already taken by some...

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Tesla (TSLA) Stock Dropped by Over $100 in Two Days amid Coronavirus Fears

Tesla (TSLA) shares are now trading at $782.42. The stock has gained 171% in the past 12 months, and the current downfall is quite painful for the company.Amid the spreading coronavirus fears, the situation on the market is worsening, with tech giants’ shares tanking. Even Tesla Inc (NASDAQ: TSLA) stock dropped greatly. The carmaker’s shares plunged by more than $100 in just two days. As we have recently reported, Tesla (TSLA) stock plunged more than 7% on Monday, closing down 7.5% at...

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Elon Musk Celebrated Valentine’s Day by Purchasing $10M Worth of Tesla (TSLA) Stock

As part of the of its $2.31 billion worth of stock offering, Musk himself purchased 13,307 TSLA shares at a price of $767 per share worth a total of $10 million. Elon Musk raising his stake in Tesla is a vote of confidence for the investors.On Wednesday, February 19, electric car maker Tesla Inc. (NASDAQ: TSLA) revealed the closure of its common stock offering in the open markets. Soon as the announcement came, the TSLA stock skyrocketed above $900 levels in just a few trading hours.In the...

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Tesla (TSLA) Stock Crosses $900 as It Continues Its Mammoth Bull Run with 7% Surge

Optimism over Tesla’s growing solar business has added more fuel taking the TSLA stock price above $900 billion. Some experts expect Tesla’s solar business to generate $165 billion in annual revenues in a few years from now.There’s seems to be no stopping to the Tesla bull-run these days! On Wednesday, February 19, the Tesla (TSLA) stock price surged a whopping around 7% in its biggest single-day-jump in the last two weeks.Tesla (TSLA) Stock Price MovementsDuring the day closing, the Tesla...

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Nissan Stock Reaches 10-Year Low as Nissan Reports Its Earnings

Nissan stock has fallen to the lowest level in 10 years as the company has reported its earnings and is still under the pressure of the scandal surrounding former chairman Carlos Ghosn.Japanese automaker Nissan Motor Co. reported its operating income for the three months ending on December 31, 2019, amounted to ¥22.735 billion (around $207 million), significantly lower than market estimates and falling 78% on an annual basis.Net sales for the third fiscal quarter declined 17% to ¥2.5 trillion...

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Ford Announces $1.7 Billion Net Loss in Fourth Quarter Earnings Report, F Stock Drops 10%

Ford has reported earnings for its 2019 fourth quarter. The figures reported by the automaker are much worse than both the company and Wall Street expected to see.Detroit-based Ford Motor recently released disappointing figures from its earnings report for 2019’s fourth quarter. Its forecast for 2020 is also less than expectations from Wall Street. In response to these disappointing figures, the company’s shares plunged. As trading closed yesterday, Ford (F) stock plummeted by almost 10%, to...

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Auto Giants Fiat Chrysler and Peugeot Maker PSA Announce $50 Billion Merger Plan

As the global automobile industry is undergoing a transitional change, two big auto giants have announced a merger. On Wednesday, December 18, automobile giants Fiat Chrysler and Peugeot maker PSA revealed a massive $50 billion merger.With the auto industry eyeing a massive shift towards electronic vehicles, manufacturers are facing the heat of rising infrastructure costs. To alleviate these concerns, and move ahead confidently with new innovation, these companies have now joined hands. As a...

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PSA Group and Fiat Chrysler Automobiles to Create the World’s Fourth Largest Carmaker

Rival carmakers PSA Group and Fiat Chrysler Automobiles NV announced their plan to merge, combining assets in order to confront pricey new era of trade tariffs, emissions rules and electrification.Shareholders of each company will own 50% of the combined entity, that will be listed in Paris, Milan and New York. Investors in Fiat will get dividend worth of 5.5 billion euros and its robotics subsidiary Comau, while France’s PSA will probably issue its 46% stake in auto-parts maker Faurecia SE....

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