Ford Chair: CEO Farley has "full court press" to fix problems

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White House says Tesla (TSLA) will open U.S. charging network to rivals in $7.5b federal program

February 15, 2023 8:25 AM EST

UPDATE: updated for quote attribution

President Bidens administration announced Wednesday morning that Tesla (NASDAQ: TSLA) would be opening part of its U.S. charging network to electric vehicles (EVs) made by rivals as part of a $7.5 billion federal program to electrify the nation's highways. A move that could push the electric vehicle company towards becoming the universal filling... More

Ford (F) underweight at Wells Fargo following lightning production halt

February 15, 2023 7:36 AM EST

Wells Fargo reiterated an Underweight rating and $10.00 price target on Ford (F) after the American automaker announced that the company will halt production and shipments of their F-150 Lightning model trucks due to a battery issue. Analyst, Colin Langan noted that, while no stop-sale has been issued yet, if... More

Ford (F) halts F-150 Lightning production due to potential battery issue

February 14, 2023 12:48 PM EST

Shares of Ford (F) are down 1.34% in mid-day trading on Tuesday after the American automaker announced a pause to production and shipments of its electric F-150 Lightning pickup due to what the company is calling a potential battery issue.

Ford spokeswoman Emma Bergg declined to disclose details of... More