These early Tesla bulls are giving up on the stock

These early Tesla bulls are giving up on the stock

By David RandallNEW YORK (Reuters) – Some of Tesla’s institutional shareholders are getting out, convinced that the electric carmaker’s days of dizzying growth are in the rear-view mirror. The company’s shares are down nearly 30% this year and...
Ford US auto sales rise 11% in May

Ford US auto sales rise 11% in May

(Reuters) – Ford Motor Co said on Tuesday its U.S. auto sales rose 11% in May from a year earlier, helped by a healthy demand for SUVs, pickup trucks and hybrid vehicles.Demand for crossover SUVs and pickup trucks has helped U.S. automakers post stronger sales...