Starwood tumbles after China's Anbang pulls out

Here are some of the stocks the Yahoo Finance team will be watching for you today.

Tesla (TSLA) share soared in early trading after the luxury car maker unveiled its new Model 3 sedan, which was designed to appeal to the mainstream consumer with a price tag of $35,000. More than 130-thousand people across the globe pre-ordered the car, even thought it won't be delivered for another year.

Starwood Hotels (HOT) shares fell following news that China's Anbang withdrew its $14-billion bid to buy the U.S. hotel operator. The surprise move clears the way for rival suitor--Marriott (MAR) to buy the owner of Sheraton and Westin hotels.

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BlackBerry (BBRY) reported a narrower-than-expected loss for its holiday quarter, but it missed big on revenue with sales falling almost 30% from a year ago due to weak demand for its Priv phone, as well as restructuring and acquisition related costs. However, the company's software and services revenue more than doubled to $153 million dollars year-over-year.

Ford's (F) March sales jumped 7.8%, marking the best March results in a decade. Meanwhile, Fiat Chrysler (FCAU) posted an 8.1% rise in March sales and GM (GM) came in last with a 0.9% sales increase last month.  However, monthly sales figures from all three automakers were weaker than what analysts' were expecting.