Tesla, GM, Ford In The News & Technical Analysis

George Soros took another stake in Tesla (TSLA), which is now valued at over $40B. Also, Tesla (TSLA) updated prices for their Model Y performance crossover and Model 3 rear-wheel drive. Both electric vehicles qualify for a $7,500 tax credit for customers who meet all federal requirements. Another news item for Tesla is that workers who label autopilot technology data sent an email to Elon Musk with their intent to unionize. Next, 500K General Motors (GM) shares were acquired by George Soros. Finally, Ford (F) plans to cut 3,800 jobs in Europe. Renita Young provides her take, while Rick Ducat weighs in on the TSLA, GM, and F stocks from a technical analysis perspective.