Financing, Stock Offerings
Tesla, looking to cut 'risks,' will raise up to $1.15 billion in capitalWed, 15, Mar 2017
Gestamp plans stock offering, placing its value at $3.9 billionMon, 13, Mar 2017
Tesla shares slump after Goldman downgradeMon, 27, Feb 2017
Tesla's cash burn raises concerns on Wall StreetThu, 23, Feb 2017
Volvo raises $532 million in step toward IPOTue, 20, Dec 2016
Volvo has raised $532 million in a step toward a listing of the company. Rising sales and profits have led to speculation of a stock market listing over the past year, although the company had said earlier this month it had no immediate plans to list.
Knorr-Bremse seals victory in Haldex takeover battleWed, 07, Dec 2016
German supplier Knorr-Bremse has won the first stage of its battle to take over Sweden's Haldex by obtaining 86.1 percent of the brake systems company's shares before its offer expired Monday. Knorr's offer is still conditional upon the company obtaining clearance from antitrust regulators.
Adient starts trading in tough market for auto stocksMon, 31, Oct 2016
Adient, the automotive seating and interiors company spun off from Johnson Controls, started trading on the New York Stock Exchange on Monday and ran into the downdraft buffeting other automotive stocks, despite an optimistic outlook.
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.
Imaginary VW deadline prompts flood of investor lawsuits in GermanyWed, 14, Sep 2016
Volkswagen Group investors are rushing to file more lawsuits in Germany to meet a deadline that lawyers say may be imaginary. Shareholders who want to sue are concerned that Sept. 19, the first business day after the one-year anniversary of VW's admission of cheating, may be the deadline to file.
Musk targets naysayers, urges Tesla workers to cut costsFri, 02, Sep 2016
Elon Musk sent an e-mail to Tesla employees urging them to cut costs and deliver "every car we possibly can" in a push to show positive cash flow in the third quarter. The CEO of the EV maker said it would be the company's last opportunity to show improved financial numbers before Tesla tries to raise more money.
Tesla plans to raise additional cash this yearWed, 31, Aug 2016
Tesla probed by SEC over disclosure of fatal crash, report saysMon, 11, Jul 2016
The U.S. Securities and Exchange Commission is probing Tesla Motors for a possible breach of securities law stemming from Tesla's decision not to inform investors of a May 7 fatal crash involving its Autopilot automated driving system, according to a newspaper report.