Ford’s stock suffered its worst day in more than 11 years, after the company pre-released part of its third-quarter earnings report. Go to Source
Author: CNBC Online news
GM to sell up to 175,000 electric vehicles to Hertz through 2027
GM is the latest automaker to strike such an agreement with Hertz following Tesla and Polestar, a Volvo-backed electric vehicle startup. Go to Source
3 of our big tech companies are holding events this week. Here’s what we’re looking for
Salesforce, Nvidia and Qualcomm will be hosting events this week that we believe could be catalysts for their stocks. Go to Source
Chinese EV maker Xpeng launches rival to Tesla’s semi-autonomous driving system
Xpilot and City NGP is Xpeng’s answer to Tesla’s Full Self Driving Beta, which the company is currently testing with customers in the U.S. Go to Source
Stocks making the biggest moves after hours: Ford, General Motors, Cognex
Check out the stocks making headlines after the closing bell on Monday, Sept. 19. Go to Source
Ford warns investors of an extra $1 billion in supply chain costs during the third quarter
Ford warned investors the company expects to incur an extra $1 billion in costs during the third quarter due to inflation and supply chain issues. Go to Source
Tesla aims to cut wildfire smoke exposure for Nevada Gigafactory workers, memo explains
As the Mosquito Fire rages nearby, Tesla works to limit smoke exposure at Nevada Gigafactory. Go to Source
Why Ford is keeping its Mustang gas-powered as part of its electric vehicle push
Ford CEO Jim Farley believes keeping the iconic American brand gas-powered makes good business sense for the automaker for the foreseeable future. Go to Source
Ford unveils new gas-powered Mustang, while muscle car rivals go electric
Ford on Wednesday unveiled the redesigned 2024 Mustang hardtop and convertible with two gas-powered engines. Go to Source
Tesla struggles with Elon Musk’s strict return-to-office policy
The company is now surveilling employees’ attendance, with Musk receiving detailed weekly reports on absenteeism. Go to Source