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

📆 22/08/2019 16:52:00
📰 MarketWatch

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

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria 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.

Write Comment

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:

Nigeria Nigeria Latest News, Nigeria Nigeria 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 »