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CG Trending Hot Stocks – Tesla Motors Inc (TSLA), Anheuser Busch Inbev SA (BUD)

Shares of Tesla Motors Inc (NASDAQ:TSLA) ended Tuesday session in red amid volatile trading. The shares closed down -0.85 points or -0.42% at $200.10 with 2.33 million shares getting traded. Post opening the session at $201.85, the shares hit an intraday low of $198.31 and an intraday high of $202.20 and the price vacillated in this range throughout the day. The company has a market cap of $30.41 billion and the numbers of outstanding shares have been calculated to be 148.69 million shares.

Tesla Motors Inc (TSLA) delivered approximately 24,500 vehicles in Q3, of which 15,800 were Model S and 8,700 were Model X. This was an increase of just over 70% from last quarter’s deliveries of 14,402. Our Q3 delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct.

In addition to Q3 deliveries, about 5,500 vehicles were in transit to customers at the end of the quarter. These will not be counted as deliveries until Q4.

Production rose to 25,185 vehicles in Q3. This was an increase of 37% from Q2 production of 18,345.

Shares of Anheuser Busch Inbev SA (ADR) (NYSE:BUD) ended Tuesday session in green amid volatile trading. The shares closed up +0.68 points or 0.53% at $128.17 with 1.24 million shares getting traded. Post opening the session at $128.00, the shares hit an intraday low of $127.18 and an intraday high of $128.47 and the price vacillated in this range throughout the day. The company has a market cap of $205.45 billion and the numbers of outstanding shares have been calculated to be 1.61 billion shares.

Anheuser Busch Inbev SA (ADR) (BUD) engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 200 beer brands, including Budweiser, Corona, Stella Artois, Becks, Leffe, Hoegaarden, Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass, and Jupiler. The company was founded in 1366 and is headquartered in Leuven, Belgium.

 

 

 

About Steve Johnson

Steve Johnson was previously writing news on part time basis with many consumer goods websites. Now Steve Johnson is writing columns with us on consumer goods. He has no match the way he presents the news on consumer goods. Customers like his news, analysis and predictions.

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