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Former Ford CEO Says GM's Hybrids Will Not Hit Market For 'Another Couple Years:' 'Getting Mass Adoption Is Much Harder'
Tuesday, July 16, 2024 - 6:38am | 615Former Ford Motor Co. CEO Mark Fields expressed doubts about General Motors Corp.‘s (NYSE:GM) ability to achieve mass adoption of its electric vehicles (EVs). What Happened: Fields, in a comment on GM’s EV push, stated during CNBC’s “Last Call” on Tuesday, "Getting...
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Gary Black Raises Tesla Price Target As Ex-Ford CEO Notes Irony of Auto-Driven Stock Rally Amid Elon Musk's AI And Robotics Focus
Saturday, July 6, 2024 - 1:37am | 814Tesla Inc. (NASDAQ:TSLA) bull Gary Black on Friday raised his price target on the EV giant’s shares from $200 to $270 in addition to revising his estimates for the company’s full-year vehicle delivery volume and earnings per share. What Happened: The Future Fund Managing Partner...
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Former Ford CEO Says Price Drop Will 'Take Away...Big Inhibitors Holding Back The New EV Market,' But Warns Of 'Real Issues'
Tuesday, June 18, 2024 - 4:43am | 623Mark Fields, the former CEO of Ford Motor Company (NYSE:F), recently shared his insights on the implications of decreasing electric vehicle (EV) prices for both the new and used car markets. What Happened: During CNBC’s “Last Call” on Monday, Fields highlighted the significance of...
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Death Of EVs Or Rise Of Hybrids? Expert Says 'Better Narrative Is The Death Of The Explosive Growth'
Friday, May 3, 2024 - 4:51am | 753Analyst Mark Fields recently shared his perspective on the current state of the electric vehicle (EV) market. What Happened: On Thursday, Fields discussed with Brian Sullivan during CNBC’s “Last Call, “There’s this narrative of the death of the EV. I think the better...
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Former Ford CEO Sees A Bright Electric Future For Established Automakers, Says They Are 'Well Positioned To Ride Out The Transition'
Thursday, March 28, 2024 - 2:24am | 857The ex-chief of Ford Motor Company (NYSE:F), Mark Fields, recently highlighted the strength of established automakers in the shift to electric vehicles. What Happened: On a Thursday, Mark Fields, the former CEO of Ford, expressed his views on the current state of the automotive industry during CNBC...
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'Unlevel Playing Field:' Former Ford CEO Mark Fields Calls For Short-Term Ban On Chinese Rivals To Aid US Automakers
Thursday, February 29, 2024 - 5:26am | 630As the debate over allowing Chinese automakers into the U.S. market intensifies, former Ford CEO Mark Fields voiced his opinion, advocating for a temporary restriction on their entry. ‘Unfair’ Playing Field: Fields in a CNBC interview argued that Chinese companies...
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How To Earn $500 A Month From Ford Stock As Car Prices Skyrocket
Tuesday, September 5, 2023 - 4:44pm | 413When it comes to the auto industry’s current landscape, prices are soaring and affordability is dwindling. Former Ford Motor Company (NYSE:F) CEO Mark Fields last week on CNBC, drew parallels between the soaring prices in the car market to those of the housing industry. He said that in the...
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Have To 'Make Over $100,000 To Afford A New Car' - Former Ford CEO Says, While Talking Tesla's Price Cuts, Demand Issues
Friday, September 1, 2023 - 5:32pm | 587A former Ford Motor Company (NYSE: F) CEO is speaking out on the rising costs of vehicles, weakened demand and how a union strike could impact automotive companies moving forward. What Happened: Leading electric vehicle company Tesla Inc (NASDAQ: TSLA) recently announced price cuts to its...
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Tesla Has 'Unique Knack' Of Getting Revenue Out Of Rivals, Says Former Ford CEO On EV Charging Shift
Tuesday, June 13, 2023 - 6:00am | 645Tesla, Inc. (NASDAQ:TSLA) recently struck two deals with Detroit's "Big Two" – General Motors Corp. (NYSE:GM) and Ford Motor Co. (NYSE:F) — allowing their electric cars access to its charging infrastructure. Former Ford CEO Mark Fields weighed in on the development and what it means for Tesla and...
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Props From The Motor City To The Dogefather: Former Ford CEO Says Tesla Is 'One Generation Ahead,' Has 'Leg-Up' On EV Competition
Tuesday, March 7, 2023 - 4:18pm | 558Tesla Inc's (NASDAQ: TSLA) first Investor Day last week left some wanting more from the electric vehicle maker, but that wasn't the case for former Ford Motor Co (NYSE: F) CEO Mark Fields who saw it as more of a victory lap for the Elon Musk-led company. What To Know: The...
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Tesla Is Still The Leader 'Benchmark' For Every Automaker: Former Ford CEO Showers Surprise Praise
Friday, February 24, 2023 - 6:10am | 650Tesla Inc.'s (NASDAQ: TSLA) market positioning and what the Elon Musk-led company has accomplished in the electric vehicle arena invariably draw praise from even rivals. What Happened: Tesla earned a commendation from former Ford CEO Mark Fields, who discussed the fate of smaller...
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Tesla Gets Some Friendly Advice From Former Ford CEO As Stock Sinks Further
Wednesday, December 14, 2022 - 10:12am | 539As Tesla Inc. (NASDAQ: TSLA) struggles with a sagging stock price, the electric vehicle maker just got friendly advice from a former executive of a rival automaker. What Happened: Tesla is first and foremost a battery and technology company that happens to make cars, which is a big advantage...
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What's Going On With Hertz Shares Today?
Thursday, February 24, 2022 - 12:35pm | 218Hertz Global Holdings Inc (NASDAQ: HTZ) is trading higher Thursday after the company reported fourth-quarter financial results. The stock initially traded lower, but reversed following positive analyst coverage. Hertz said fourth-quarter revenue increased 78% year-over-year to $1.95 billion,...
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Here's Why Hertz Stock Shot Up 10% On Tuesday
Wednesday, October 6, 2021 - 2:28am | 250Shares of the rental car company Hertz Global Holdings Inc (OTC: HTZZ) ripped higher on Tuesday after the company named the former Ford Motor Co (NYSE: F) CEO Mark Fields as its interim chief executive officer. What Happened: Fields replaces Paul Stone, who will continue with the company in...
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Former Ford CEO Weighs In On What's At Stake For Tesla As Autopilot System Investigations Unfold
Tuesday, August 17, 2021 - 12:41pm | 356The National Highway Traffic Safety Administration on Monday announced it's investigating Tesla Inc's (NASDAQ: TSLA) full-self-driving Autopilot system following a series of collisions between Tesla vehicles and emergency vehicles. The investigation is rather...