Toyota Motor Corp. remains the number one selling auto manufacturer in the world for the fourth year in a row! They delivered an impressive 10 Million vehicle in 2015 (They where the only company to reach that mark). Check out this article by AutoNews.com to read further!. I want to wish a thanks as always to my clients, readers, and followers!
Lexus has been taking away its association with the word boring in the last few years with a complete product line revamp. Lexus has recently unveiled its 2018 LC500 Coupe at the Detroit auto show and boy does it look sexy! Check out the first drive review from Autoblog (link below) As well as the Motor Trend LC500 First Look!
Comments Off on Tesla to join Nasdaq 100 as Oracle defects to NYSE
Tesla Motors Inc., the world’s best-performing automotive stock this year, will join the Nasdaq-100 Index next week, filling the spot vacated by Oracle Corp., which is moving to the New York Stock Exchange.
The electric-car maker will be added to the gauge, which tracks the biggest companies on the Nasdaq, before the start of trading on July 15, Nasdaq OMX Group Inc. said in a statement Monday. Oracle, which last month said it will join the NYSE, is the biggest company to jump between the competing exchanges.
Shares of Tesla, the carmaker headed by billionaire Elon Musk, have more than tripled this year as the popularity of its new Model S sedan helped the company turn its first quarterly profit. Gaining entry to benchmarks tracked by investors is attractive to public companies because it provides a guaranteed shareholder base.