{"id":35809,"date":"2015-05-08T05:52:47","date_gmt":"2015-05-08T09:52:47","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=35809"},"modified":"2015-05-08T10:43:05","modified_gmt":"2015-05-08T14:43:05","slug":"tesla-motors-inc-nasdaqtsla-plans-to-acquire-riviera-create-a-global-imprint","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-plans-to-acquire-riviera-create-a-global-imprint-35809","title":{"rendered":"Tesla Motors Inc (NASDAQ:TSLA) Plans To Acquire Riviera Tool Company (OTCMKTS:RIVT), Create A Global Imprint"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Tesla Motors Inc (NASDAQ:TSLA)<\/strong> has made up its mind to be among the top notch companies in its sector. Hence, it zeroed down to acquire a company based in Michigan at Grand Rapids, some 150 miles towards the west of Detroit. The SME deals in automotive stamping parts manufacture and sales. This move is the first time that Tesla has gone out to acquire another entity, with robust plans of business expansion.<\/p>\n<p style=\"text-align: justify;\"><strong>The Takeover<\/strong><\/p>\n<p style=\"text-align: justify;\">The takeover of the tool and die shop in Michigan showcases the mission and vision of Tesla, which is primarily focused on augmenting the growth and development. The news reports state that the prevalent <strong>Riviera Tool Company (OTCMKTS:RIVT) <\/strong>tool shall eventually be Tesla Tool and Die. However, the currently employed individuals shall be retained, with the underlying possibilities of hiring a number of people in future.<\/p>\n<p style=\"text-align: justify;\">Thus, the electric vehicle and automotive vehicle company shall have stakes in the premier, original motor capitol of this world. This is a portrayal of ground-based baby of Elon Musk, working towards alleviating myriad of supply chain concerns.<\/p>\n<p style=\"text-align: justify;\"><strong>Tesla Has Reforms In Place<\/strong><\/p>\n<p style=\"text-align: justify;\">A lot of investment is in the pipeline for Tesla, and investors can be relieved with their aggressive intent for growing business. A Tesla spokesperson commented that the company is excited having reached this benefiting deal with Riviera Tool Company (OTCMKTS:RIVT). Quite certainly, the company shall have a widespread presence across Michigan, and bring about additional reforms in its marketing and presence. The company looks towards bringing additional building capabilities equipped in-house.<\/p>\n<p style=\"text-align: justify;\"><strong>A Bright Future Ahead<\/strong><\/p>\n<p style=\"text-align: justify;\">The acquisition shall take Tesla Motors Inc (NASDAQ:TSLA) to newer heights, helping the company to build a plethora of plastic and stamping parts, quite cost-effectively. The objective is to support new technologies that will enhance the productivity of the company and help in introducing newer range of models. The future looks bright for Tesla; the company\u2019s stock price has started soaring, with the recent news.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla Motors Inc (NASDAQ:TSLA) has made up its mind to be among the top notch companies in its sector. Hence, it zeroed down to acquire [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":5522,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2018],"tags":[635,11438,11437,2066],"stock_ticker":[],"class_list":["post-35809","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automobile","tag-nasdaqtsla","tag-otcmktsrivt","tag-riviera-tool-company-otcmktsrivt","tag-tesla-motors-inc-nasdaqtsla","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tesla Motors Inc (NASDAQ:TSLA) Plans To Acquire Riviera Tool Company (OTCMKTS:RIVT), Create A Global Imprint - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-plans-to-acquire-riviera-create-a-global-imprint-35809\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tesla Motors Inc (NASDAQ:TSLA) Plans To Acquire Riviera Tool Company (OTCMKTS:RIVT), Create A Global Imprint - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Tesla Motors Inc (NASDAQ:TSLA) has made up its mind to be among the top notch companies in its sector. Hence, it zeroed down to acquire [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-plans-to-acquire-riviera-create-a-global-imprint-35809\" \/>\n<meta property=\"og:site_name\" content=\"Wall Street PR\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WallStreetPR\/\" \/>\n<meta property=\"article:published_time\" content=\"2015-05-08T09:52:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2015-05-08T14:43:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2013\/02\/tesla-motors-logo-234234.jpg.400x300_q85_crop-smart.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lisa Ray\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lisa Ray\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-plans-to-acquire-riviera-create-a-global-imprint-35809#article\",\"isPartOf\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-plans-to-acquire-riviera-create-a-global-imprint-35809\"},\"author\":{\"name\":\"Lisa Ray\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/c58aa72f5e3994c817e3654937496b1c\"},\"headline\":\"Tesla Motors Inc (NASDAQ:TSLA) Plans To Acquire Riviera Tool Company (OTCMKTS:RIVT), Create A Global Imprint\",\"datePublished\":\"2015-05-08T09:52:47+00:00\",\"dateModified\":\"2015-05-08T14:43:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-plans-to-acquire-riviera-create-a-global-imprint-35809\"},\"wordCount\":345,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\"},\"image\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-plans-to-acquire-riviera-create-a-global-imprint-35809#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2013\/02\/tesla-motors-logo-234234.jpg.400x300_q85_crop-smart.jpg\",\"keywords\":[\"NASDAQ:TSLA\",\"OTCMKTS:RIVT\",\"Riviera Tool Company (OTCMKTS:RIVT)\",\"Tesla Motors Inc (NASDAQ:TSLA)\"],\"articleSection\":[\"Automobile\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-plans-to-acquire-riviera-create-a-global-imprint-35809#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-plans-to-acquire-riviera-create-a-global-imprint-35809\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-plans-to-acquire-riviera-create-a-global-imprint-35809\",\"name\":\"Tesla Motors Inc (NASDAQ:TSLA) Plans To Acquire Riviera Tool Company (OTCMKTS:RIVT), Create A Global Imprint - 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