As Ford’s Fortunes Drop Tesla’s Rises
It’s a great stock chart for Tesla and a terrible one for Ford. Year to date, Tesla’s shares are up 111%, and Ford’s are up 3%, which is much below the S&P.’s improvement of…
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Gas Races Down Toward $3
Gas prices were supposed to reach $5 next month. Crude oil was headed toward $100 a barrel recently. The price of a gallon of regular gas topped $5 in California and rose $6 in…
Rivian Hammers Troubled Investors
When electric truck maker Rivian Automotive said it would raise money, its stock promptly dropped 20%.
Lucid Shares Crater on News of Cheap Cars
Investors are not happy that Lucid has cut prices.
Rivian Stock Hit With Triple Whammy
Rivian stock plunged on Thursday following an announcement late Wednesday that the company plans to sell $1.5 billion in convertible notes.
Ford Lightning Sales Plunge
Sales of Ford's EV flagship, the F-150 Lightning, tumbled in the third quarter.
Rivian Burns Toward the Ground
Rivian’s stock should be thriving, but it is not for a variety of reasons.
Tesla’s 2 Million Cybertruck Reservations
The launch of Tesla’s Cybertruck pickup has been delayed yet again.
Amid CEO Controversy, Ford’s Stock Holds Strong
Based on comments by Ford management, their stock should be plummeting. The CEO, Jim Farley, made inaccurate remarks about the company facing bankruptcy and accused the UAW of holding a labor contract hostage, referring…
UAW Widens Strike, Adds Ford, Gives Stellantis a Break
UAW President Shawn Fain announced Friday that 7,000 union members would walk off their jobs at a one Ford and one GM assembly plant, bringing the total number of striking workers to more than…
Ford Didn’t Make a Deal
The UAW said Ford would be spared because it was closer to a deal than the other two companies. It appears today that this is further from the truth than expected.
UAW Strikes Hit GM, Stellantis Parts Distributors, While Ford Gets a Pass
The United Auto Workers union has struck 38 parts distribution centers operated by General Motors and Stellantis. The union cited progress in talks with Ford as the reason no strikes have been ordered against…
Tesla Hit by Competition
Tesla produced 440,000 vehicles in the most recently reported quarter. Its brisk production means the figure could approach 2 million for the year. China, the world’s largest car market, is the only large country…
Lucid Not Helped by UAW Strike
The UAW strike against the Big Three automakers was supposed to help electric vehicle makers. It did not help Lucid.
Ford Profits Soar as UAW Strikes for Better Pay
The UAW has gone on strike because they want better pay since their employers are highly profitable. While not true by the numbers, it seems that way in absolute dollars. Ford made $1.9 billion…