Tesla Just Reported a $312-Million Profit

News that will shock some pundits and vindicate others, Tesla just announced it made a profit in the third-quarter of 2018.

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Fiat Chrysler Automobiles Makes Wall Street Debut

Fiat Chrysler Automobiles (FCA) made its Wall Street Debut today. The Italian company is working to shift its focus from Europe to the United States.

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Warren Buffett Buys 10 Million Shares of GM

Warren Buffett must have been a wealthy lemming in a past life, because when he dives from a cliff others follow — often into a pit of money. His latest plunge involved acquiring 10 million shares of General Motors, which could signal future strength for the company.

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Dan Akerson, CEO of General Motors Buys 10,000 GM Shares

Yesterday, the CEO of General Motors, Dan Akerson purchased $250,500 in shares of the automaker, buying 10,000 shares at $25.05.

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Morgan Stanley Replaces Ford With GM As Top Long-Term Stock

Move on over Ford, GM is picking up momentum. According to analysts of Morgan Stanley, General Motors is the better long-term pick among domestic automakers. Morgan Stanley has been especially impressed with the new product cadence at GM, something expected to continue with the introduction of the Chevrolet Sonic and Buick Verano.

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