News Formal

Tesla's stock jumps after report of investment interest by German automakers

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Tesla shares up 3% in premarket on reported VW interest in stake purchase

Shares of Tesla Inc.

rallied 2.5% in premarket trading, after a report that some German automakers have interest in buying a stake in the electric car maker. A report in "Manager Magazin" said Volkswagen was interested, as well as Daimler and BMW. The report comes after Walmart Inc. WMT, -0.03% sued Tesla, alleging "gross negligence" as the retailer claimed roof fires at several stores were caused by Tesla solar panels. Tesla's stock has lost 33.6% year to date, while the S&P 500 SPX, +0.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

German Europe Minister: Northern Ireland peace, EU single market non-negotiablePeace in Northern Ireland and the integrity of the EU single market are non-nego... So europe wants NI let them have it. Germany dictating terms to all of Europe. When have I heard that? What could go wrong No, but the Collider can spin Gold. 2 Tons a crack! Cracker!
Source: Reuters - 🏆 2. / 97 Read more »