Musk says Tesla, SolarCity need not raise cash this yearMon, 10, Oct 2016
Tesla Motors and SolarCity don’t need to raise cash this quarter as the two companies prepare for a merger, billionaire Elon Musk said.
Musk's Wall Street cheerleaders drop their pom-poms over TeslaFri, 07, Oct 2016
Elon Musk is losing some of his Wall Street cheerleaders just when he needs them the most. Goldman Sachs, one of Musk's top bankers, has reversed course and cut its recommendation on the entrepreneur's flagship Tesla Motors, following a similar move by another big booster, Morgan Stanley.
Fiat Chrysler to face U.S. shareholder claims over safety complianceWed, 05, Oct 2016
A federal judge today said Fiat Chrysler Automobiles must face part of a lawsuit accusing the automaker of defrauding U.S. shareholders by making false and misleading statements about its ability to comply with vehicle safety laws.
GM, despite record profits, struggles with Wall Street cynicismWed, 05, Oct 2016
GM generates $1 billion in pretax profit a month. Yet the stock market seems unimpressed, assigning the company a market value of just $50 billion. It's one of the more vexing questions Dan Ammann, the company's president, faces every day.