Ford (F) underweight at Wells Fargo following lightning production halt
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Tesla's (TSLA) Model Y is sold out for the quarter in U.S.
February 16, 2023 9:06 AM ESTA story by electrek.co late Wednesday reports that electric vehicle giant Tesla (NASDAQ: TSLA) has sold out the Model Y for the quarter in the United States with no more production builds until... More
White House says Tesla (TSLA) will open U.S. charging network to rivals in $7.5b federal program
February 15, 2023 8:25 AM ESTUPDATE: 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
Barclays starts Tesla (TSLA) at Overweight, prefers General Motors (GM) over Ford (F)
February 15, 2023 6:06 AM ESTBarclays analyst Dan Levy initiated research coverage of the U.S. Autos & Mobility industry with a Neutral view. This stance is based on three key factors: 1) A mixed cycle view; 2) Megatrends positive for industry long term, but not without challenges; and 3) Valuations currently reasonable.
The current set-up is unprecedented, with US vehicle prices at all-time highs and US inventories still at depressed levels. On one hand, recession risks imply challenges... More
Barclays Starts Ford (F) at Equalweight
February 14, 2023 4:31 PM ESTBarclays analyst Dan Levy initiates coverage on Ford (NYSE: F) with a Equalweight rating and a price target of $13.00.
For an analyst ratings summary and ratings history on Ford click here. For more ratings news on Ford click here.
Shares of Ford closed at $13.09 yesterday.
... MoreFord (F) halts F-150 Lightning production due to potential battery issue
February 14, 2023 12:48 PM ESTShares 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
Ford (F) halts production and shipments of its electric F-150 Lightning due to potential battery issue - CNBC
February 14, 2023 12:34 PM ESTFord (NYSE: F) halts production and shipments of its electric F-150 Lightning due to potential battery issue - CNBC
... MorePalantir, Coca-Cola, Occidental Petroleum rise premarket; Restaurant Brands fell
February 14, 2023 8:37 AM ESTBy Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Tuesday, February 14th. Please refresh for updates.
Palantir (NYSE: PLTR) stock rose 17% after the data analytics company reported its first-ever quarterly profit, as well as a... More
U.S. CPI, BoJ Governor, Palantir, and SPR release - what's moving markets
February 14, 2023 7:11 AM ESTBy Peter Nurse
Investing.com -- The January U.S. CPI release is due for release later Tuesday and could determine market expectations for what the Federal Reserve plans in terms of interest rate hikes in the near future. Kazuo Ueda looks set to become the next Bank of Japan governor, while Lael Brainard heads to the White House. Wall Street is set to open just higher, while crude weakens on the planned SPR release. Here's what you need to know in financial markets on Tuesday, 14th February.
... More
Ford to cut 3,800 jobs in Europe as automaker targets electric vehicle shift
February 14, 2023 5:26 AM ESTInvesting.com -- Ford Motor Company (NYSE: F) will slash 3,800 jobs in Europe over the next three years as part of a push towards producing electric vehicles on the continent, the U.S. automaker said in a statement on Tuesday.
The company added that the reductions will help "revitalize its business" in Europe and allow it... More
Soros buys Horizon Therapeutics, First Horizon, adds to Alphabet, cuts Amazon
February 14, 2023 5:20 AM ESTBy Daniel Shvartsman
Investing.com -- George Soros's fund Soros Fund Management opened new positions in Horizon Therapeutics (NASDAQ: HZNP) and First Horizon National Corporation (NYSE: FHN), while also nearly doubling its position in Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), and trimming its position in Amazon.com (NASDAQ: AMZN).
Soros Fund Management opened a position worth $325M in Horizon Therapeutics as of the... More
Ford to cut one in nine jobs in Europe in electric revamp
February 14, 2023 3:35 AM ESTBy Victoria Waldersee
BERLIN (Reuters) - Ford plans to cut one in nine jobs in Europe, axing 3,800 roles in product development and administration as part of a drive to lower costs in the region and concentrate engineering know-how in the United States, the automaker said on Tuesday
The U.S. carmaker leads the European market for commercial vans, but has struggled to make strong profits from passenger cars, and warned this month it would be "very aggressive" in reducing manufacturing and supply chain expenses this year.
CEO Jim Farley has repeatedly flagged that electric vehicle (EV)... More
Ford Chair: CEO Farley has "full court press" to fix problems
February 13, 2023 3:02 PM ESTDETROIT (Reuters) - Ford Motor Co Chair Bill Ford said Monday the automaker's Chief Executive, Jim Farley, has a "full court press" on to fix operational problems that caused fourth quarter results to fall short of the company's targets.
"We probably had so much focus on the future... More
Ford (F) announces $3.5B investment to build New LFP Battery Plant in Michigan
February 13, 2023 2:10 PM ESTFord Motor Company (NYSE: F) announced today that the American automaker is investing $3.5 billion to build the countrys first automaker-backed LFP battery plant in Michigan, offering customers a second battery technology within Fords EV lineup.
The BlueOval Battery Park Michigan plant, as its being called, will initially employ 2,500 people when production of LFP batteries begins in 2026. Ford also has the option to further grow its battery capacity at its Marshall, Michigan, plant, which will be part of a wholly owned Ford subsidiary.
We are committed to... More
Ford Motor (F) Announces $3.5B Michigan LFP Battery Plant
February 13, 2023 1:46 PM ESTBuilding on Fords (NYSE: F) commitment to American manufacturing, Ford announced today it is investing $3.5 billion to build the countrys first automaker-backed LFP battery plant, offering customers a second battery technology within Fords EV lineup.
This plant called BlueOval Battery Park Michigan initially will employ 2,500 people when production of LFP batteries begins in 2026. Ford will have the option to further grow its battery capacity at its Marshall, Michigan, plant, which will be part of a wholly owned Ford subsidiary.
With this $3.5 billion investment, Ford and its battery tech collaborators have announced $17.6... More

