Category: Automobile

Tesla: Monster Run ~ Still Bullish

Tesla rally finds a new gear

Jefferies boosts its price target to $600 from $400 as it points to the ability for Tesla to add sales in the power storage and third-party battery sales businesses.

“We think it would be wrong to exit Tesla on valuation given that: it is the only [automaker] engaged in a positive-sum game in [electric vehicles] amid rising market acceptance,” advises Jefferies analyst Philippe Houchois.

Tesla, Inc., formerly Tesla Motors, Inc., designs, develops, manufactures and sells fully electric vehicles, and energy storage systems, as well as installs, operates and maintains solar and energy storage products. The Company operates through two segments: Automotive, and Energy generation and storage.

Ford to add 3,000 jobs Detroit area, invest $1.45 billion

The Dearborn plant will get the next generation of the popular F-150, as well as hybrid and electric versions of the truck

Ford Motor Co. is adding 3,000 jobs at two factories in the Detroit area and investing $1.45 billion to build new pickup trucks, SUVs, and electric and autonomous vehicles.

The company F, +1.81%   said Tuesday that about $750 million will go the Michigan Assembly Plant in the Detroit suburb of Wayne, where 2,700 jobs will be added during the next three years.

Another $700 million will be invested in the truck plant in Dearborn, Michigan, where 300 new jobs will be added.

Reasons to Like Ford in 2020

Stuck in a wide trading range of between $8 and $10 this year, Ford Motor (NYSE:F) is struggling to reward its loyal shareholders for believing in its tremendous upside potential. The company is, for the most part, exiting the automotive segment and doubling down its efforts on trucks and SUVs.

ford motor co

Beyond that, Ford is investing in the future of EVs. So, why should dividend-income growth investors consider Ford stock? Shares pay a dividend yielding 6.8%, but the erratic stock price movement undermines the capital risks of a paper loss against the safety of income.

BMW Bayerische Motoren Werke AG

One of the lowest cost large-cap European companies

BMW (OTCPK:BMWY)

Discounted cash flow valuation shows an upside potential of more than 35%. BMW is transforming its production and distribution, as it did successfully numerous times throughout its history.

The product strategy, which is in place, will keep the company at the top of the premium sector.BMW is priced as one of the lowest cost large-cap European companies, as market participants do not fully appreciate the long-term product development plan.

Despite the trade tensions, during the first quarter, BMW in China achieved a growth of 10.2%.For car manufacturers, there are a lot of threats, starting from trade wars and tariffs, to regulation and technology challenges. But through its more than 100 years of history, BMW (OTCPK:BMWYY) successfully survived