Shares of Tesla Motors Inc (NASDAQ:TSLA) ended Tuesday session in red amid volatile trading. The shares closed down -1.70 points or -0.82% at $204.64 with 2.41 million shares getting traded. Post opening the session at $206.85, the shares hit an intraday low of $203.91 and an intraday high of $207.75 and the price vacillated in this range throughout the day. The company has a market cap of $30.57 billion and the numbers of outstanding shares have been calculated to be 148.69 million shares.
Tesla Motors Inc (TSLA) designs, develops, manufactures and sells electric vehicles and energy storage products. The Company produces and sells two electric vehicles: the Model S sedan and the Model X sport utility vehicle (SUV). The Company has delivered over 107,000 Model S vehicles across the world. In addition to developing its own vehicles, it sells energy storage products. Its energy storage products include the seven kilowatt-hour and 10 kilowatt-hour Powerwall for residential applications, and the 100 kilowatt-hour Powerpack for commercial and industrial applications. The Company delivers energy storage products under the Tesla Energy brand. It manufactures its products primarily at its facilities in Fremont, California, Lathrop, California, Tilburg, Netherlands and at its Gigafactory near Reno, Nevada. The Company uses battery packs manufactured at the Gigafactory for its energy storage products.
Shares of Colgate-Palmolive Company (NYSE:CL) ended Tuesday session in green amid volatile trading. The shares closed up +0.29 points or 0.40% at $72.48 with 2.44 million shares getting traded. Post opening the session at $72.66, the shares hit an intraday low of $72.46 and an intraday high of $72.90 and the price vacillated in this range throughout the day. The company has a market cap of $64.82 billion and the numbers of outstanding shares have been calculated to be 891.49 million shares.
Colgate-Palmolive Company (CL) on July 28, 2016 reported worldwide Net sales of $3,845 million in second quarter 2016, a decrease of 5.5% versus second quarter 2015. Global unit volume decreased 3.0%, pricing increased 3.0% and foreign exchange was negative 5.5%. Excluding divested businesses and the impact of the previously disclosed deconsolidation of the Company’s Venezuelan operations, unit volume increased 1.5%. Organic sales (Net sales excluding the impact of foreign exchange, acquisitions, divestments and the deconsolidation of the Company’s Venezuelan operations) grew 4.5%.
Net income and Diluted earnings per share in second quarter 2016 were $600 million and $0.67, respectively. Net income in second quarter 2016 included $44 million ($0.05 per diluted share) of aftertax charges resulting from the Company’s Global Growth and Efficiency Program (the “2012 Restructuring Program”) and a $13 million ($0.01 per diluted share) net benefit related to a previously disclosed foreign tax matter.
Net income and Diluted earnings per share in second quarter 2015 were $574 million and $0.63, respectively. Net income in second quarter 2015 included $65 million ($0.07 per diluted share) of aftertax charges resulting from the 2012 Restructuring Program, an effective devaluation in Venezuela and a foreign tax matter.