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Zacks News
Over the years, electric vehicle (‘EV’) maker Tesla has evolved into a dynamic technology innovator. It has transformed the EV market much the same way as Amazon changed the retail landscape and Netflix revolutionized entertainment. Tesla is the market leader in battery-powered electric car sales in the United States, owning around 60% of market share. In fact, the company’s flagship Model 3 accounts for about half of the U.S. EV market. Tesla, which has managed to garner the reputation of a gold standard over the years, is now a far bigger entity that what it started off since its IPO in 2010, with a market capitalization almost double the combined value of top two U.S. auto giants General Motors and Ford.
Ford (F) Issues Another Recall for Trucks in North America
by Zacks Equity Research
Fire risk in engine block heaters leads Ford (F) to recall 874,000 F-Series trucks in the United States and Canada.
Ring in 2019 With These 7 Solid Growth Stocks in Your Kitty
by Madhura Bhattacharyya
Let's take a look at seven growth stocks that are poised to offer impressive returns in 2019.
Bull of the Day: Tesla (TSLA)
by Brian Bolan
This battleground stock has seen increasing estimates and short covering, expect that trend to continue.
Winnebago (WGO) Earnings, Revenues Beat Estimates in Q1
by Zacks Equity Research
Winnebago (WGO) records year-over-year rise in adjusted earnings in the first quarter.
The Zacks Analyst Blog Highlights: General Motors, Navistar, Tesla, Cooper Tires, Goodyear Tire
by Zacks Equity Research
The Zacks Analyst Blog Highlights: General Motors, Navistar, Tesla, Cooper Tires, Goodyear Tire
Is Tesla (TSLA) Outperforming Other Auto-Tires-Trucks Stocks This Year?
by Zacks Equity Research
Is (TSLA) Outperforming Other Auto-Tires-Trucks Stocks This Year?
Auto Stock Roundup: General Motors to Rehire Employees, Tesla Lowers Price in China
by Zacks Equity Research
Declining popularity for passenger cars amid higher demand for SUVs and trucks compel automakers to reorient business strategies. Navistar's (NAV) Q4 earnings and revenues beat estimates.
Goodyear Announces Hub Expansion to Bolster EMEA Presence
by Zacks Equity Research
Goodyear (GT) plans to expand its production facility at Kranj, Slovenia, as demand for premium tires across EMEA increases.
Magna's (MGA) Seating Unit to Expand With VIZA Acquisition
by Zacks Equity Research
Acquisition of the Spain-based VIZA Geca will provide Magna's (MGA) seating system business a competitive edge.
Navistar (NAV) Q4 Earnings Drive Past Estimates, Rise Y/Y
by Zacks Equity Research
The year-over-year improvement in the sales volume of Class 6-8 vehicles in the United States and Canada drives Navistar's (NAV) fiscal fourth-quarter earnings.
Cooper Tire to Expand in Asia With New Location in Vietnam
by Zacks Equity Research
In sync with the strategy to diversify its TBR tire production, Cooper Tire (CTB) agrees to form a JV with Sailun Vietnam to open a tire production hub in Vietnam.
Buy Semiconductors on the Dip? 3 Stocks to Consider Now
by Ryan McQueeney
Semiconductor stocks have been battered by recent market-wide volatility and concerns that the industry's strong cycle is nearing its end. Check out these Zacks buy-ranked semiconductor stocks right now!
Tesla Slashes Prices of 2 Models for China Post Tariff Cut
by Zacks Equity Research
Reduced tariff rates in China aid Tesla (TSLA) to reduce its Model S and X car prices. This is likely to increase the affordability of these vehicles in the country.
3 Auto Stocks That Survived the Sector Bloodbath in 2018
by Sanjoy De
Several factors, including ongoing trade and tariff disputes, higher fuel price and rising interest rates, hurt auto stocks in 2018.
Bear of the Day: Tata Motors (TTM)
by David Borun
This Indian automaking giant is facing headwinds all over the globe
Auto Stock Roundup: China to Cut Tariffs, Thor Q1 Earnings Miss, Toyota Recalls
by Zacks Equity Research
Beijing may cut tariffs on auto manufacturing from 40% to 15%. With the possibility of lower tariffs, U.S. automakers are set to get better access to the China market.
Meritor to Supply Drivetrain Products for Manitowoc's Cranes
by Zacks Equity Research
Meritor's (MTOR) agreement to supply drivetrain products for Manitowoc's numerous crane types is likely to strengthen its position in the off-highway market.
Auto Stocks Gain on Reports of China Tariff Cuts: 5 Picks
by Swarup Gupta
With tariffs likely to go down in the near future, U.S. automakers will gain access to a market which holds the key to the industry's future.
Magna (MGA) Introduces Seating Platform for Autonomous Cars
by Zacks Equity Research
With the emergence of mobility and autonomous vehicles, Magna (MGA) introduces a newly designed seating platform, keeping in mind convenience, comfort and flexibility for passengers.
Tesla (TSLA) Gains As Market Dips: What You Should Know
by Zacks Equity Research
Tesla (TSLA) closed at $366.76 in the latest trading session, marking a +0.44% move from the prior day.
Zacks Investment Ideas feature highlights: Tesla, Apple, Alphabet, Ford and General Motors
by Zacks Equity Research
Zacks Investment Ideas feature highlights: Tesla, Apple, Alphabet, Ford and General Motors
Time to Buy & Hold Tesla (TSLA) Stock?
by Benjamin Rains
Shares of Tesla (TSLA) popped nearly 3% Friday morning after Jefferies upgraded the electric vehicle giant's stock. Looking ahead, Tesla appears poised for massive growth as it becomes a more profitable company on the back of Model 3 expansion.
Tesla (TSLA) to Start Production at Shanghai by End of 2019
by Zacks Equity Research
In a bid to avoid steep tariff charges and set affordable prices, Tesla (TSLA) to manufacture cars at Shanghai by the second half of 2019.
Broadcom (AVGO) Q4 Earnings Top Estimates, '19 View Strong
by Zacks Equity Research
Broadcom (AVGO) benefits from robust demand for cloud data centers and traditional enterprises.
Amid the Turmoil, Tesla Stands Out - and Short Sellers are Feeling the Heat
by David Borun
With Tesla well outperforming the markets,the short sellers' arguments are falling apart