Tesla Motors Tests China and Boeing Increases Dreamliner Production

Boeing reports earnings next week and investors hope the company will continue to ramp up production to fill its massive backlog of orders.

Jan 24, 2014 at 3:00PM

The Dow Jones Industrial Average (DJINDICES:^DJI) is trading about 250 points lower, or 1.5%, in midafternoon trading after market concerns weighed on investors. Demand for safer assets rose and sent Treasury bonds higher again today as investors continued to worry about this week's downbeat manufacturing data from China. As earnings season continues look for two big quarterly reports next week from industrial Dow components Boeing (NYSE:BA)  and Caterpillar. With that in mind, here are some companies making headlines.

K

Boeing's 787 Dreamliner rolling out of its Everett plant. Source: Boeing.

Boeing announced today that it has rolled out the first 787 Dreamliner built at the increased rate of 10 airplanes per month. The improved rate is the highest ever for a twin-aisle airplane and marks the third increase in production rate in just over a year's time. It's also double the rate of five planes that were produced as recently as November 2012.

Increasing the production rate will be a big focus for Boeing and its investors in order to cash in on the company's massive and ever-growing backlog of orders. Adding orders from last fall's Dubai Airshow, the backlog will stand at roughly $500 billion.

"The entire 787 team is now focused on capturing efficiencies at this historic level of production, as well as meeting our commitment to increase the production rate to 12 per month in 2016 and to 14 per month by the end of the decade," Larry Loftis, vice president and general manager, 787 program, said in a press release.

Model S Blue Front

Tesla's Model S. Source: Tesla Motors.

Outside the Dow, Tesla Motors (NASDAQ:TSLA) again defied industry norms this week when it announced it wouldn't hike the price of its vehicles in China, the world's largest automotive market, by more than necessary. The Model S will go on sale in China for about 734,000 yuan, equal to $121,280, which is a 50% premium to the same vehicle found in the U.S. market.

"The price of a Model S in China is the same as the price of a Model S in the U.S., adding only unavoidable taxes, customs duties and transportation costs," the car maker said in a statement on its website, according to Bloomberg. "If we were to follow standard industry practice, we could get away with charging twice as much for the Model S in China as we do in the U.S."

The move comes as the electric car maker prepares to test demand in China, which has faced obstacles to its target of having 5 million alternative energy-powered vehicles by 2020. Tesla is still in the infancy of expanding its EV infrastructure with supercharger networks in North America, Europe, and China. When that systems is built out it should give Tesla a huge advantage over the EV competition as the market for electric-powered vehicles grows. 

Say Goodbye to 'Made-In-China'
For the first time since the early days of this country, we're in a position to dominate the global manufacturing landscape thanks to a single, revolutionary technology: 3D printing. Although this sounds like something out of a science fiction novel, the success of 3D printing is already a foregone conclusion to many manufacturers around the world. The trick now is to identify the companies -- and thereby the stocks -- that will prevail in the battle for market share. To see the three companies that are currently positioned to do so, simply download our invaluable free report on the topic by clicking here now.

Fool contributor Daniel Miller has no position in any stocks mentioned. The Motley Fool recommends Tesla Motors. The Motley Fool owns shares of Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Money to your ears - A great FREE investing resource for you

The best way to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as “binge-worthy finance.”

Feb 1, 2016 at 5:03PM

Whether we're in the midst of earnings season or riding out the market's lulls, you want to know the best strategies for your money.

And you'll want to go beyond the hype of screaming TV personalities, fear-mongering ads, and "analysis" from people who might have your email address ... but no track record of success.

In short, you want a voice of reason you can count on.

A 2015 Business Insider article titled, "11 websites to bookmark if you want to get rich," rated The Motley Fool as the #1 place online to get smarter about investing.

And one of the easiest, most enjoyable, most valuable ways to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as "binge-worthy finance."

Whether you make it part of your daily commute or you save up and listen to a handful of episodes for your 50-mile bike rides or long soaks in a bubble bath (or both!), the podcasts make sense of your money.

And unlike so many who want to make the subjects of personal finance and investing complicated and scary, our podcasts are clear, insightful, and (yes, it's true) fun.

Our free suite of podcasts

Motley Fool Money features a team of our analysts discussing the week's top business and investing stories, interviews, and an inside look at the stocks on our radar. The show is also heard weekly on dozens of radio stations across the country.

The hosts of Motley Fool Answers challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves.

David Gardner, co-founder of The Motley Fool, is among the most respected and trusted sources on investing. And he's the host of Rule Breaker Investing, in which he shares his insights into today's most innovative and disruptive companies ... and how to profit from them.

Market Foolery is our daily look at stocks in the news, as well as the top business and investing stories.

And Industry Focus offers a deeper dive into a specific industry and the stories making headlines. Healthcare, technology, energy, consumer goods, and other industries take turns in the spotlight.

They're all informative, entertaining, and eminently listenable. Rule Breaker Investing and Answers are timeless, so it's worth going back to and listening from the very start; the other three are focused more on today's events, so listen to the most recent first.

All are available for free at www.fool.com/podcasts.

If you're looking for a friendly voice ... with great advice on how to make the most of your money ... from a business with a lengthy track record of success ... in clear, compelling language ... I encourage you to give a listen to our free podcasts.

Head to www.fool.com/podcasts, give them a spin, and you can subscribe there (at iTunes, Stitcher, or our other partners) if you want to receive them regularly.

It's money to your ears.

 


Compare Brokers