US Q-2 GDP Figure Will Be ‘Big’

 US Q-2 GDP Figure Will Be ‘Big’

 US Q-2 GDP Figure Will Be ‘Big’ $DIA, $GM  June Advance International Trade in Goods (actual -$68.30-B, consensus -$66.70-B) Advance Wholesale Inventories (actual 0.0%; prior 0.4%) June Durable Orders (actual 1.0% consensus 3.2%; prior -0.3%) June Durable Goods -ex trans (actual 0.4% consensus 0.4%; prior 0.3% White House economic adviser Larry Kudlow said Friday’s GDP release will reflect “big” […]

Tesla’s (NASDAQ:TSLA) Under Fire, Struggling CEO Fighting for His Life

Tesla’s (NASDAQ:TSLA) Under Fire, Struggling CEO Fighting for His Life

Tesla’s (NASDAQ:TSLA) Under Fire, Struggling CEO Fighting for His Life $TSLA Tesla’s (NASDAQ:TSLA) Elon Musk opened the company’s annual shareholder meeting Tuesday emotionally on the verge of tears as he said he builds its EVs with care and affection that other automakers cannot match, adding that the company’s decent into ‘production Hell’ has been hard on him […]

Cadillac is the Car of Choice for Presidential Limousines

Cadillac is the Car of Choice for Presidential Limousines

Cadillac is the Car of Choice for Presidential Limousines $GM Thursday it was reported that there is a new fleet of Presidential limos coming Cadillac Division of General Motors (NYSE:GM) this Summer, and that the US Secret Service already has 1 of the cars. General Motors (NYSE:GM) built 12 official state cars at a reported […]

EPA Planning Roll Back of Restrictive Automotive Fuel Economy Standards

EPA Planning Roll Back of Restrictive Automotive Fuel Economy Standards

EPA Planning Roll Back of Restrictive Automotive Fuel Economy Standards $RACE, $GM, $F, $FCAU, $TM, $VLKAY The Trump Administration is expected to launch an effort to weaken greenhouse gas emissions and fuel economy standards for automobiles, handing a victory to car manufacturers and giving them reasons to roll back restrictive industry standards worldwide. The EPA’s […]

Tesla (NASDAQ:TSLA) Burning Money, Posts Biggest Quarterly Loss Ever

Tesla (NASDAQ:TSLA) Burning Money, Posts Biggest Quarterly Loss Ever

Tesla (NASDAQ:TSLA) Burning Money, Posts Biggest Quarterly Loss Ever $TSLA, $GM, $F Wednesday, Tesla Inc. (NASDAQ:TSLA) said it has revised production targets for its Model 3 electric sedan, posting its worst-ever Quarterly loss, and warned that its spending would increase this year. Money-losing Tesla’s long-term ability to survive depends on annually selling billions of dollars […]

General Motors Company (NYSE:GM) and the Self Driving Car

General Motors Company (NYSE:GM) and the Self Driving Car

General Motors Company (NYSE:GM) and the Self Driving Car Regulators will “carefully and responsibly” review General Motors’ request to test an autonomous car without a steering wheel, US Transportation Secretary Elaine Chao said Sunday. “It is now coming to the stage with the rapid advancement of self-driving technology that this request is now a reality,” […]