Ford Motor (F) option implied volatility into Q&A session with their CFO and Controller

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Nio (NIO) surges as CFO is 'very confident' in 250k vehicle sales target

March 22, 2023 7:59 AM EDT

Shares of NIO Inc. (NYSE: NIO) are up 2.80% in pre-market trading on Wednesday following comments by CFO Steven Feng where he said the company is very confident of meeting its target of doubling sales to 250,000 electric vehicles this year. The comments, made during a Bloomberg interview, provoked a surge in the companys Hong Kong shares.

We are very confident to achieve our sales target in 2023, Feng... More

Ford (F) unveils new Explorer EV for European Market

March 21, 2023 11:59 AM EDT

(Updated - March 21, 2023 12:21 PM EDT)

Ford (NYSE: F) on Tuesday unveiled its new all-electric Ford Explorer SUV exclusively for the European market. The automaker said it plans to leverage the well-known Explorer nameplate to gain traction.

Other than the Explorer name and some design attributes, the new vehicle has very little in common with its gas-powered counterpart in the U.S., or the plug-in hybrid version thats currently... More

Ford (F) likely to miss 2026 EV margin target as Deutsche Bank predicts larger than expected losses

March 21, 2023 11:40 AM EDT

Deutsche Bank reiterated a Sell rating and $11.00 price target on Ford Motor Company (NYSE: F) ahead of the American automakers teach-in on its new reporting structure this Thursday, when the company is expected to disclose profits/losses for its three new business units, Ford Blue, Ford Pro, and Model e.

Analyst Emmanuel Rosner attempted to estimate the respective segment economics and believes that the EV business could report much deeper losses than investors expect. Rosners... More

Ford (F) recalls 1.5M vehicles over faulty brakes and wipers

March 20, 2023 12:08 PM EDT

According to the National Highway Traffic and Safety Association (NHTSA), Ford Motor Company (NYSE: F) is recalling around 1.3 million vehicles across the United States. The recall addresses leaky brake hoses that increase the possibility of a crash and applies to 2013-2018 model year Ford Fusions and Lincoln MKZs sedans. The automaker is also recalling nearly 220,000 F-150 pickups to fix defective... More

Prepare for lower margins as Tesla (TSLA) price cuts become a 'feature' of EV market - Morgan Stanley

March 20, 2023 11:51 AM EDT

Morgan Stanley reiterated an Overweight rating and $220.00 price target on Tesla (NASDAQ: TSLA) as analyst Adam Jonas believes that investors should anticipate further price cuts in EVs.

Jonas wrote in a note, We believe EV price cuts are not a fad, but a trend. While subject to volatility, investors should anticipate further price cuts in EVs with cost-leader Tesla setting the tone.

One of the reasons Jonas... More