Ford says F-Series pickup continued its decadeslong dominance in 2022

2023 Ford F-150 Raptor R Ford DETROIT – The Ford F-Series continued its decadeslong U.S. sales dominance in 2022 despite ongoing parts and supply chain problems, the company said Tuesday. Ford Motor reported sales of its F-Series, which includes the F-150 pickup and its larger siblings, surpassed 640,000 trucks last year – making it America’s… Continue reading Ford says F-Series pickup continued its decadeslong dominance in 2022

Tesla reports 1.31 million deliveries in 2022, growth of 40% over last year

Tesla electric cars in Germany on March 21, 2022. Sean Gallup | Getty Images News | Getty Images Tesla just published its fourth-quarter vehicle production and delivery report for 2022. Here are the key numbers. Total deliveries Q4 2022: 405,278Total production Q4 2022: 439,701Total annual deliveries 2022: 1.31 millionTotal annual production 2022: 1.37 million Deliveries… Continue reading Tesla reports 1.31 million deliveries in 2022, growth of 40% over last year

Cramer’s final thoughts for the year: Making sense of multiples amid a looming recession

The price-to-earnings multiples say recession. But the multiples said similar things in 2022. So how long can the multiples stay this low? We have all read dozens of articles about what 2023 will bring us. I think most are sincere. Their only drawback, as usual, is that they don’t touch on stocks themselves. They might… Continue reading Cramer’s final thoughts for the year: Making sense of multiples amid a looming recession

Jim Cramer on rate hikes, jobless claims and an oversold bounce

We have had a grim run this year, particularly in the Nasdaq Composite , and Thursday and Friday may be your last days to be able to offset the wins you may have taken already. I think there have been plenty of gains taken this year simply because the Federal Reserve has given us a… Continue reading Jim Cramer on rate hikes, jobless claims and an oversold bounce

Navigating the e-bike boom with America’s outdated infrastructure

Electric bikes are becoming increasingly popular around the world. In the U.S. e-bike sales are outpacing electric and hybrid cars combined, according to the Light Electric Vehicle Association. “The level of ridership has almost doubled or more every year since 2015,” said Mike Radenbaugh, the founder and chairman of Rad Power Bikes. “And we see… Continue reading Navigating the e-bike boom with America’s outdated infrastructure

Elon Musk tells Tesla employees don’t be ‘bothered by stock market craziness’

SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, June 13, 2019. Mike Blake | Reuters After shares of Tesla dipped by more than 10% on Tuesday deepening a year-long sell-off, CEO Elon Musk told employees… Continue reading Elon Musk tells Tesla employees don’t be ‘bothered by stock market craziness’

Tesla made headlines in 2022, but the top-performing auto stock had nothing to do with EVs

The Ferrari SP38 seen at Goodwood Festival of Speed 2022 on June 23rd in Chichester, England. Martyn Lucy | Getty Images This year wasn’t about which auto manufacturer stock performed the best. It was about which stock managed to escape the worst of the year’s selling pressure. After significant growth in auto stocks in 2021,… Continue reading Tesla made headlines in 2022, but the top-performing auto stock had nothing to do with EVs

Tesla’s stock is headed for its worst month, quarter and year on record

Win McNamee | Getty Images Tesla’s sell-off intensified on Tuesday, with the stock closing down 11%. Elon Musk’s electric car company is days away from closing out its worst month, quarter and year on record and has moved past Meta to become the worst-performing stock in 2022 among the most valuable tech companies. The latest… Continue reading Tesla’s stock is headed for its worst month, quarter and year on record

Chinese EV maker Nio cuts delivery guidance for fourth quarter, citing Covid disruptions

Chinese electric car company Nio delivered more than 5,000 cars in April despite Covid restrictions in some parts of China, albeit down sharply from nearly 10,000 vehicle deliveries in March. Future Publishing | Future Publishing | Getty Images Chinese electric vehicle maker Nio Inc. lowered its fourth quarter outlook for deliveries, citing supply chain disruptions… Continue reading Chinese EV maker Nio cuts delivery guidance for fourth quarter, citing Covid disruptions