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Friday, June 13, 2014

BMW says met Tesla executives to discuss electric cars, (NASDAQ: TSLA)

German premium auto maker BMW on Friday said its managers had met with executives from U.S.-based electric car maker Tesla Motors Inc to talk about potential cooperation on electric mobility. "Both companies are strongly committed to the success of electro-mobility and discussed how to further strengthen the development of electro mobility on an international level," a BMW spokesman said in a statement.

Tesla Motors, Inc. (Tesla) designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components. Shares of TSLA fell by 0.46% or $-0.95/share to $203.52. In the past year, the shares have traded as low as $95.30 and as high as $265.00. On average, 6762780 shares of TSLA exchange hands on a given day and today's volume is recorded at 5997712.