Phil LeBeau

Tesla Inc. (NASDAQ:TSLA) shares are on the rise, despite the company’s disappointing Q1 results. The electric vehicle giant’s stock surged after it announced plans to speed up the launch of new models. What Happened: Phil LeBeau, a CNBC correspondent covering the automotive and aviation...

Rivian Automotive Inc (NASDAQ: RIVN) shares ran into a speed bump Monday morning after the company announced a voluntary recall of most of its EVs. What Happened: According to a letter CEO R.J. Scaringe sent to customers late Friday, Rivian ...

Electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) is set to make its public debut Wednesday. Shares were indicated to open around $121 per share at press time. Amazon.com Inc (NASDAQ: AMZN) is set to "double down" on its Rivian investment by purchasing additional shares...

CNBC's Phil LeBeau broke down which electric vehicle stocks could offer the most upside potential based on comments from Guggenheim's John Casesa, Monday on CNBC's "Squawk On The Street." The explosion of new EV models coming to market over the next few years will be a...

United Airlines Holdings Inc (NASDAQ: UAL) announced Thursday its plan to purchase 15 supersonic jets, referred to as Overture, from Boom Supersonic, with the option to purchase an additional 35 aircraft. What Happened: “This is a first order for the supersonic jet from a legacy airline,...

Boeing Co (NYSE: BA) shares traded higher by 3.4% on Tuesday after the Federal Aviation Administration released an update on the grounded 737 Max suggesting the jet could be cleared for takeoff in the fourth quarter, a later return date than Boeing has been anticipating. A flurry of large Boeing...

Shares of Boeing Co (NYSE: BA) gained more than 2% Monday morning after the airplane manufacturer announced CEO Dennis Muilenburg's immediate resignation.   Boeing CFO Greg Smith will serve as interim CEO through Jan. 13, at which point Boeing Chairman David Calhoun will...

Ahead of Delta Air Lines, Inc.'s (NYSE: DAL) investor day presentation, the airliner said it expects to earn $6.75 to $7.75 per share in 2020 and show revenue growth of 4% to 6%. Delta's Strength At Home 2019 was likely the best year in Delta's history, highlighted by last Sunday being...

Boeing Co (NYSE: BA) CEO Dennis Muilenburg was "hammered" by lawmakers during two days of Congressional testimony, with lots of pressure to resign, according to CNBC's auto and airline industry reporter Phil LeBeau. What Happened Sen. Ted Cruz (R-Texas) was among the very...

Tesla Inc (NASDAQ: TSLA)’s plan to bolster Model 3 margins and support sales of $35,000 versions doesn’t seem to sit well with investors. The stock was trading down nearly 11 percent at the time of publication Friday after the automaker announced thousands of layoffs....

The market optimism about the new Ford Motor Company (NYSE: F) CEO Jim Hackett was short-lived. Ford shares initially jumped 1.3 percent on news last week that Hackett would be taking over the top leadership position from former CEO Mark Fields. However, since the day of the announcement, Ford...

Evidence continues to mount that the subprime auto lending market has a bumpy road ahead. New data suggests U.S. dealers are struggling to sell automobiles so far in 2017, and subprime lenders are taking notice. CNBC’s Phil LeBeau reports that auto dealers are offering record-high incentives...

Ford Motor Company (NYSE: F) CEO Mark Fields was one of the select group of CEOs who visited President Trump at the White House to discuss Trump's vision of bringing manufacturing jobs back to America. After Ford released its fourth quarter results Thursday, Fields was interviewed by CNBC...

President-elect Donald Trump campaigned on bringing so many "wins" to the American people. Even though he has yet to be sworn into the White House, CNBC's auto expert Phil LeBeau handed Trump his first major win in securing American jobs. According to the Wall Street Journal, Ford Motor Company (...