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Tesla Stock Down After Q3 Earnings, Gene Munster Says 'Dark Chapter' For EV Company Could Last A Year
Friday, October 20, 2023 - 4:36pm | 915Investors in electric vehicle company Tesla Inc (NASDAQ: TSLA) saw shares drop on the week after the company reported third-quarter financial results that came in below estimates from analysts. While there are plenty of potential catalysts for Tesla in the future such as FSD, robotaxis, Taxi...
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Ford Falls Behind In The EV Race
Friday, July 7, 2023 - 10:35am | 701On Thursday, Ford Motor (NYSE: F) posted stellar second quarter results as it was boosted by its fleet and legacy truck units with the star of the show being U.S. trucks. It seems that after joining the EV King Tesla Inc (NASDAQ: TSLA) on the EV charging front, Ford is going straight towards its...
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Tesla Had A Top 10 Selling Vehicle In The US For 2022: What It Means And What's Next For 2023
Monday, January 9, 2023 - 3:44pm | 812Electric vehicle leader Tesla Inc (NASDAQ: TSLA) has dominated the electric vehicle (EV) sector of the automotive market for many years and in many parts of the world. In the U.S., Tesla is the leader in electric vehicles by production and deliveries. Outside of electric vehicles, Tesla also saw...
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North American Car Sales Show Signs Of Recovery In Q3
Friday, October 2, 2020 - 3:19pm | 634Third-quarter automobile sales declined 10% year-over-year in the United States. Here is a look at how some of the larger automotive companies performed. Ford: Ford Motor Company (NYSE: F) hit total U.S. sales of 551,796 in the third quarter. This was broken down as 311,751 trucks, 191,803...
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Morgan Stanley: Majority Of Ford's $63-Billion Pickup Business Tied To Commercial End Markets
Wednesday, March 21, 2018 - 5:34pm | 322Ford Motor Company (NYSE: F)’s exposure to the pickup truck market might be underappreciated by investors, according to Morgan Stanley. The Analyst Analyst Adam Jonas upgraded Ford last week and said its truck business alone is worth more than Ford's entire enterprise value. ...
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Ford Auto Sales Slip 8.4% In August, Company Cites Lower Industry Volumes
Thursday, September 1, 2016 - 10:42am | 455Ford Motor Company (NYSE: F) reported 8.4 percent drop in sales for August, citing weak industry volumes. This is wider than the 3 percent drop recorded in July amid the drop in F-Series vehicles. Auto Figures Trickle In Thursday In August, the second biggest American automaker recorded total...
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Tigress On Auto Industry: 2016 Could Be Better Than 2015
Tuesday, June 21, 2016 - 2:31pm | 341Tigress Financial Partners is bullish on the U.S. auto industry and expects 2016's total auto sales will meet or even exceed 2015's record level of 17.5 million sold. In a research report published Tuesday, the analysts cited their bullish view on pent-up demand from consumers coupled with...
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Auto Roundup: March Retail Sales Mostly Showing Deceleration From Last Year
Wednesday, April 1, 2015 - 11:13am | 564Auto manufacturers on Wednesday released U.S. March retail sales data which mostly showed deceleration in sales. Here is a breakdown. General Motors: Total Sales Down 2 Percent General Motors Company (NYSE: GM) reported that it delivered 249,875 vehicles in March in the U.S., representing a...
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Ford Motor's Sales Growth Slowed In October
Monday, November 3, 2014 - 12:35pm | 271Ford Motor Company (NYSE: F) on Monday announced U.S. sales metrics for the month of October. Ford sold 188,654 vehicles in October, a decrease of 2 percent from a year ago. The company said in a press release the sales declines were “expected” due to a plant changeover for the...