Stocks to Watch: Tesla Motors Inc (NASDAQ:TSLA), Kandi Technologies Group Inc (NASDAQ:KNDI), Sorl Auto Parts (NASDAQ:SORL), General Motors (NYSE:GM), Ford Motor (NYSE:F)

Technology Stocks News 11

Tesla Motors Inc. (NASDAQ:TSLA), the electric-car maker led by billionaire Elon Musk, signed an agreement with real-estate developer Soho China Ltd. (410) to set up more battery-charging outlets in the world’s largest auto market. Tesla Motors Inc (NASDAQ:TSLA) stock performance was -0.46% in last session and finished the day at $203.52. Traded volume was 6.00million shares in the last session and the average volume of the stock remained 6.82million shares. The beta of the stock remained 0.37. Tesla Motors Inc (NASDAQ:TSLA) insider ownership is 0.20%.

Kandi Technologies Group, Inc. (NASDAQ:KNDI), celebrated the establishment of the nation’s first pure EV pilot community at the Kandi pure EV (Electric Vehicle) launching ceremony held at Zhuantang Xiangshan International Plaza in the Lake District of Hangzhou. To date, more than 700 Zhuantang district residents have registered for the EV long-term group leasing program.   Kandi Technologies Group Inc (NASDAQ:KNDI) dropped -3.88 percent to $12.64 Thursday on volume of 1.45million shares. The intra-day range of the stock was $12.32 to $13.44. Kandi Technologies Group Inc (NASDAQ:KNDI) has a market capitalization of $515.00million.

SORL Auto Parts, Inc. (NASDAQ:SORL) (“SORL” or the “Company”), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, announced today that it is supplying its three-pedal braking system to the new model M3000 heavy-duty vehicles produced by the Shaanxi Automotive Group (“Shaanxi”). Sorl Auto Parts, Inc. (NASDAQ:SORL)’s stock on June 12, 2014 reported a decrease of -3.49% to the closing price of $3.04. Its fifty two weeks range is $2.58 -$5.37. The total market capitalization recorded $58.69million. The overall volume in the last trading session was 19,511.00million shares. In its share capital, SORL has 19.30million outstanding shares.

As Mary Barra, chief executive officer of General Motors Company (NYSE:GM) prepares to take the hot seat before a congressional panel again next week, she’d better brace herself for relentless volleys of stern questioning and stinging commentary — deservedly so. On Thursday, shares of General Motors Company (NYSE:GM) dropped -1.66% to close the day at $35.52. Company return on investment (ROI) is 3.70% and its monthly performance is recorded as 1.89%. General Motors Company (NYSE:GM) quarterly revenue growth is 6.00%.

Ford Motor Company (NYSE:F) Brazil has now unveiled production version of Ka+ sedan (Ford Figo sedan). The sedan was unveiled online for the auto enthusiasts around the world. Ka+ sedan will be produced at the company’s manufacturing facility located in Camacari, Bahia. August is when Ford will launch Ka+ sedan in Brazil, followed by launch in various other preeminent markets across the globe. Ford Motor Company (NYSE:F) stock performance was -2.25% in last session and finished the day at $16.52. Traded volume was 28.54million shares in the last session and the average volume of the stock remained 27.90million shares. The beta of the stock remained 1.60. Ford Motor Company (NYSE:F) insider ownership is 0.30%.

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