Ford and Lincoln vehicles are displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California. Mario Tama | Getty Images DETROIT — Ford Motor guided to the low end of its previously announced 2024 earnings forecast as it slightly topped Wall Street’s third-quarter expectations. The Detroit automaker said Monday it now… Continue reading Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street’s third-quarter expectations
Author: CNBC Online news
Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
Cars stand at a Volkswagen dealership on October 10, 2024 in Berlin, Germany. Sean Gallup | Getty Images News | Getty Images Volkswagen is considering widespread pay cuts and layoffs as well as the closure or size reduction of its plants in Germany, the company’s works council said Monday. Volkswagen management recently presented plans to… Continue reading Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
I just bought a Jeep for my teen driver. Here’s what I learned about the used car market
watch now When I was a teenager, I bought my first car. It was a Toyota Tercel with a few hundred miles on it and cost less than $10,000. Granted, this was 30 years ago. Now that I have a daughter turning 17, I envisioned a similar scenario. She has worked — and saved —… Continue reading I just bought a Jeep for my teen driver. Here’s what I learned about the used car market
Elon Musk’s secret talks with Putin ramped up during his Twitter takeover: WSJ report
watch now Tesla and SpaceX CEO Elon Musk has engaged in secret talks with Russian President Vladimir Putin since late 2022, according to reporting published Thursday by The Wall Street Journal. Citing “several current and former U.S., European and Russian officials,” the Journal reported that conversations between Putin and Musk, a Republican megadonor and Pentagon… Continue reading Elon Musk’s secret talks with Putin ramped up during his Twitter takeover: WSJ report
Tesla shares close at highest in 13 months as post-earnings rally continues
Elon Musk attends a discussion session during the Cannes Lions International Festival Of Creativity in Cannes, France, June 19, 2024. Marc Piasecki | Getty Images A day after its sharpest rally since 2013, Tesla’s stock on Friday closed at its highest in more than a year as investors and analysts continued to applaud the electric… Continue reading Tesla shares close at highest in 13 months as post-earnings rally continues
Alphabet’s self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.
A Waymo autonomous self-driving Jaguar taxi drives along a street on March 14, 2024 in Los Angeles, California. Mario Tama | Getty Images Waymo has closed a $5.6 billion funding round to expand its robotaxi service in and beyond Los Angeles, San Francisco and Phoenix, where it operates today. The autonomous vehicle venture is owned… Continue reading Alphabet’s self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.
Volkswagen’s Scout Motors reveals first EVs as it shifts to include plug-in hybrids
Scout Terra pickup truck and Scout Traveler SUV concepts Scout NASHVILLE, Tenn. — Volkswagen-backed Scout Motors revealed its first electric vehicles Thursday and announced plans for the brand to expand its lineup to include an emerging type of plug-in hybrid electric vehicle in addition to EV models. Scout, a former American vehicle brand from 1961… Continue reading Volkswagen’s Scout Motors reveals first EVs as it shifts to include plug-in hybrids
Tesla stock soars 22% for best day in over a decade on Musk’s 2025 growth projection
Elon Musk attends ‘Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk’ session during the Cannes Lions International Festival Of Creativity 2024 – Day Three on June 19, 2024 in Cannes, France. Marc Piasecki | Getty Images Tesla shares soared 22% to close at $260.48 on Thursday, the stock’s best day… Continue reading Tesla stock soars 22% for best day in over a decade on Musk’s 2025 growth projection
CNBC Daily Open: Treasury yields are making a return, like an uninvited ex
Specialist traders work inside a post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 23, 2024. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no… Continue reading CNBC Daily Open: Treasury yields are making a return, like an uninvited ex
CNBC Daily Open: Treasury yields have made a return, like an unwelcome ex
Specialist traders work inside a post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 23, 2024. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no… Continue reading CNBC Daily Open: Treasury yields have made a return, like an unwelcome ex