Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, January 27, 2023. Jonathan Ernst | Reuters Elon Musk and Tesla were found not liable by a jury in a San Francisco federal court on Friday in a class-action securities fraud trial stemming from tweets Musk made in 2018. The … Read more
View More Jury finds Musk, Tesla not liable in securities fraud trial following ‘funding secured’ tweets
Ford Motor (F) CEO Jim Farley said the automakers’ messy fourth quarter was a function of its transition to a new business structure that limited production capacity, combined with poor execution. But we remain disappointed in the results and need to see an increase in profitability to stick with the stock after the next quarter. … Read more
View More Ford’s CEO needs to deliver by next quarter, or we’re moving on from the stock
A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Bing Guan | Bloomberg | Getty Images DETROIT – The U.S. Treasury said Friday it is changing its definition of an “SUV” to make more electric vehicles from … Read more
View More Biden administration expands EV tax credits in boost for Tesla, Cadillac, others
Ford CEO Jim Farley is frustrated. The company’s fourth-quarter earnings on Thursday missed analyst expectations by a wide margin, as costs and supply chain issues again hurt Ford’s bottom line, Farley knows his company needs to change. “We have to change our cost profile,” Farley told CNBC after a call with analysts to discuss the … Read more
View More Ford CEO Jim Farley’s frustration builds as he vows to transform the automaker
Both pink and blue have been used to differentiate between different methods of hydrogen production. Eve Livesey | Moment | Getty Images From Tesla’s Elon Musk to European Commission President Ursula von der Leyen, the past few years have seen many high-profile names talk about the role hydrogen may — or may not — play … Read more
View More There’s a buzz about green hydrogen. But pink, produced using nuclear, may have a huge role to play too
Xpeng is pushing aggressively into international markets. The Chinese electric car start-up launched its P7 sedan and G9 SUV in Denmark, Norway, the Netherlands and Sweden. Zhang Peng | LightRocket | Getty Images Xpeng, a Chinese electric vehicle startup, on Friday launched two of its flagship cars across a number of European countries, as it … Read more
View More Chinese Tesla rival Xpeng launches flagship EVs in Europe in international push
CNBC’s Jim Cramer on Wednesday gave young investors a list of stocks he believes should be on their shopping lists. “If you’re a younger investor, you need to take some risk in your portfolio — that’s how you have a chance to generate gigantic returns. I recommend betting on long-term stories that can eventually give … Read more
View More Jim Cramer says he likes these 3 junior growth stocks for younger investors
Albemarle could get a boost as electric vehicles grow increasingly popular, said Bryn Talkington, managing partner of Requisite Capital Management. She called the company one of the top lithium miners in the world on CNBC’s “Halftime Report ” Thursday, while noting it’s based in the U.S. Lithium is typically a component of battery cells used … Read more
View More Investor Bryn Talkington says this lithium stock has a major tailwind
Ford CEO Jim Farley takes off his mask at the Ford Built for America event at Fords Dearborn Truck Plant on September 17, 2020 in Dearborn, Michigan. Nic Antaya | Getty Images DETROIT – Ford Motor is set to report its fourth-quarter earnings after the bell Thursday. Here’s what Wall Street is expecting, according to … Read more
View More Ford is set to report results after the bell. Here’s what Wall Street expects
Ford workers produce the electric F-150 Lightning pickup on Dec. 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC DETROIT – Ford Motor’s new U.S. vehicle sales started 2023 on stronger footing than a year earlier, but were down 18.4% from December. January is historically one of the weakest … Read more
View More Ford’s U.S. sales start 2023 on strong footing, boosted by F-Series and Bronco