DEARBORN, Mich.–(BUSINESS WIRE)–Ford Motor Company (NYSE:F) today reported its 2024 first quarter financial results. Click here or visit media.ford.com to view the news release. Visit shareholder.ford.com for the slide presentation and access the webcast to the Ford earnings call, which begins at 5:00 p.m. ET. The call will feature Jim Farley, president and CEO; John… Continue reading @Ford: Customers Find Appeal in ‘Freedom’ of Ford Powertrain Choices, Contributing to Solid Q1 Results, Setting up Strong Full Year
Tag: Financial Results
@Ford: Customers Find Appeal in ‘Freedom’ of Ford Powertrain Choices, Contributing to Solid Q1 Results
Ford reports first-quarter revenue of $42.8 billion, net income of $1.3 billion, and adjusted EBIT of $2.8 billion Revenue from Ford Pro commercial customers jumps 36%, EBIT more than doubles, with high demand for Super Duty work trucks, Transit vans and software/physical services Ford Blue’s strong global product lineup includes new versions of F-150 and… Continue reading @Ford: Customers Find Appeal in ‘Freedom’ of Ford Powertrain Choices, Contributing to Solid Q1 Results
Stax nomme Andrew Keller pour superviser la couverture du marché de la technologie au Royaume-Uni et dans la région EMEA
NEW YORK, 24 avril 2024 /PRNewswire/ — Stax LLC, une société de conseil en stratégie mondiale spécialisée dans la due diligence commerciale, la création de valeur et la planification de sortie pour les sociétés de capital-investissement, les sociétés soutenues par des capitaux privés, les fonds spéculatifs et les banques d’investissement, a nommé Andrew Keller au poste de… Continue reading Stax nomme Andrew Keller pour superviser la couverture du marché de la technologie au Royaume-Uni et dans la région EMEA
Tesla (TSLA) surges on Elon Musk trying to ride AI wave
Tesla’s stock (TSLA) surged 12% today, one of its best days in a long time, as Elon Musk tries to position Tesla to ride the artificial intelligence wave. In a rare occurrence, Tesla had a pretty bad miss on expectations for both revenue and earnings with its financial results in Q1 2024. Despite the miss,… Continue reading Tesla (TSLA) surges on Elon Musk trying to ride AI wave
Tesla expects its 4680 battery cells to be cheaper than suppliers by end of year
Tesla now says that it expects its own 4680 battery cells to become cheaper than those coming from suppliers by the end of the year. 4680 is a new cell format enabled by new technologies, like tabless cells, developed by Tesla. It was first unveiled in 2020 with promises of enabling significantly lower cost, more… Continue reading Tesla expects its 4680 battery cells to be cheaper than suppliers by end of year
Tesla gives update on Cybertruck, 1,000 in a week
Tesla Cybertruck production April 2024 Tesla has released a rare update on Cybertruck production – confirming the production of 1,000 Cybertruck in a week. The automaker had warned that the Cybertruck production ramp could prove difficult due to unique features, like the stainless steel body. Tesla started production back in November 2023 and didn’t release… Continue reading Tesla gives update on Cybertruck, 1,000 in a week
Ford tops first-quarter earnings estimates as commercial unit offsets EV losses
The Ford display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT — Sales of Ford Motor trucks and other commercial vehicles led the automaker to beat Wall Street’s earnings estimates for the first quarter, offsetting losses of its electric vehicles. The company maintained its 2024 earnings guidance… Continue reading Ford tops first-quarter earnings estimates as commercial unit offsets EV losses
Tesla surges after Elon Musk says new affordable EV models coming
watch now Tesla shares closed up 12% on Wednesday after CEO Elon Musk said the electric-vehicle company plans to begin production of new affordable EV models by early 2025. Musk’s comments came during Tesla’s earnings call on Tuesday after the company reported disappointing first-quarter numbers. Revenue fell 9% year over year, its steepest annual decline… Continue reading Tesla surges after Elon Musk says new affordable EV models coming
Elon Musk is keeping investors’ dreams of a Tesla robotaxi alive
watch now By just about every measure, Tesla’s first-quarter earnings report on Tuesday was dreary. The company missed estimates on the top and bottom lines. Revenue fell by 9% year over year, the worst decline since 2012. Auto sales dropped 13% from the same period in 2023. Free cash flow turned negative. But CEO Elon Musk downplayed most… Continue reading Elon Musk is keeping investors’ dreams of a Tesla robotaxi alive
Volvo Cars shares down 8% as first-quarter revenues fall
A Volvo EX30 fully electric EV Car is displayed during the Everything Electric London 2024 at ExCel on March 28, 2024 in London, England. John Keeble | Getty Images News | Getty Images Shares of Swedish automaker Volvo Cars fell more than 6% in early trade on Wednesday after a drop in first-quarter revenues. Revenue… Continue reading Volvo Cars shares down 8% as first-quarter revenues fall