Ford Builds 150,000th Mustang Mach-E; Available in 37 Countries for 2023 with Plans to Add More Soon

Ford (F) '23MY retail orders up 104%; F-150 Lightning and E-Transit remain No. 1 truck and van

Shares of Ford (NYSE: F) are down 1.35% in early trading on Friday after the American automotive company released its November sales report. Ford sold 146,364 vehicles in November, a 7.8% drop when compared to November of last year. However, the company reported that it sold 6,255... More

Morgan Stanley Bullish on Tesla (TSLA) heading in to 'disappointing year for EVs'

Shares of electric vehicle maker, Tesla Inc. (NASDAQ: TSLA) are up 0.28% in pre-market trading on Thursday after Morgan Stanley reiterated an Outperform rating and $330.00 price target. Analyst, Adam Jonas believes that 2023 is shaping up to be a disappointing year for EVs.

Jonas wrote in a note, 2023 is setting up to be a narrative changing year as EV sales growth decelerates significantly from 68% YTD to as little as 15 to 20% growth next year. At... More

Ford (F) builds 150,000th Mustang Mach-E

Ford (NYSE: F) announced Wednesday that the company has produced its 150,000th Mustang Mach-E since starting production nearly two years ago. As the company scales EV production, almost all of Mustang Mach-Es growth to date is coming from customers replacing an internal combustion vehicle with electric, proving that Ford is creating electric vehicles that meet broad customer needs.

Strong demand for the Mach-E has propelled Ford... More

Citi Adjusts Ford (F); GM remains Top Pick

Citi decided to update their General Motors (NYSE: GM) and Ford (NYSE: F) models following recent data points as well as GMs investor day. While Citi reiterated an $81 price target on GM, cementing the automakers position as a Top Pick, EPS estimates for Ford were cut slightly and the price target for the company was adjusted to $14 from $13.

The recent investor day cemented Citis conviction in GM, and they still see several... More