|Bid||6.12 x 40000|
|Ask||6.15 x 36900|
|Day's range||6.09 - 6.20|
|52-week range||3.96 - 10.56|
|Beta (5Y monthly)||1.30|
|PE ratio (TTM)||N/A|
|Earnings date||28 Jul 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||29 Jan 2020|
|1y target est||6.20|
In a bull case, Tesla shares could surge as high as $2070, says Morgan Stanley’s Adam Jonas — though his official call is still bearish with a target of $740.
Shares of Graf Industrial (NYSE: GRAF) were trading lower on Tuesday, amid a broader sell-off of stocks in companies focused on the future of transportation. Graf is a special-purpose acquisition company that last week announced a deal to merge with Velodyne Lidar, the largest maker of lidar sensors. Velodyne's lidar sensors are used by highly automated and prototype self-driving vehicles, as well as by some types of robots.
Amid the coronavirus mayhem, which has caused motor show schedules go haywire, automakers are now aggressively switching from in-person reveals to online events.
While General Motors' (GM) defense arm secures contracts worth $223 million to manufacture infantry squad vehicle, Ford (F) ties up with Disney for the launch of its Bronco SUV.
Ford Motor Co <F.N> on Monday rolled out the product and marketing strategy for its new family of Bronco SUVs designed to take a bite out of Fiat Chrysler Automobiles' <FCHA.MI> <FCAU.N> profitable Jeep franchise. Ford's Bronco lineup, launching later this month, will include two- and four-door models, as well as a smaller Bronco Sport. The vehicles' boxy looks, their new bucking bronco logo, a "Bronco Nation" online fan club along with the "Built Wild" marketing campaign are all part of Ford's plan to muscle into the lucrative off-road adventure segment that Jeep has dominated for decades.
U.S. automakers have been squeezed this year by a combination of falling demand because of the weak economy and supply constraints because of coronavirus-related plant shutdowns. GM and its dealers delivered 492,489 vehicles in the U.S. during the second quarter: down 34% year over year. All four of its brands posted sales declines in excess of 30%, including a 41.4% drop at Cadillac, which was hurt by a soft luxury vehicle market.
While Ford's (F) retail sales decline 14.3% in Q2, it records the best retail share of 13.3% in five years, driven by the Built for America campaign and a winning portfolio of pickups, vans and SUVs.
When it comes to rugged vehicles that go off the road, over rocks and into the mud to experience nature, Jeep for years has cornered the U.S. market. Now Ford is reviving the Bronco brand name in an effort to take a slice. Later this month the company will introduce two new off-road vehicles, a Ranger pickup-sized Bronco that will come in two- and four-door versions, and the smaller Escape-sized Bronco Sport, both aimed at taking sales from Fiat Chrysler’s top brand.
Shares of Graf Industrial (NYSE: GRAF) gained 20% on Thursday after the special purpose acquisition company (SPAC) announced plans to merge with a maker of sensors for self-driving vehicles. The deal would move its merger partner, Velodyne Lidar, onto public markets, joining a host of other companies to use SPACs to go public in recent months. Velodyne Lidar said Thursday it would combine with Graf Industrial to create a company with a pro forma market capitalization of $1.8 billion.
Entertainment giant Walt Disney (NYSE: DIS) has been suffering for the past few months while its parks and experiences were closed, and only a few have recently reopened. Its main revenue driver during the COVID-19 pandemic has been its streaming services, and it's been finding innovative ways to make them more profitable, such as releasing new films straight to streaming. A new partnership with the Ford Motor Company (NYSE: F) is another path to bringing in much-needed cash.
Ford Motor Company (NYSE: F) today reported its second quarter 2020 U.S. sales results. Click here or visit media.ford.com to view the news release.
Ford Motor Company will reveal the all-new Ford Bronco 4x4 family on Monday, July 13 across Disney’s Media Networks – marking the first-ever, prime-time product reveal roadblock across Disney’s broadcast, cable, digital and streaming properties, including ABC, ESPN, National Geographic and Hulu.
Despite a growing advertising boycott, many companies can't ignore Facebook.
Weak fleet orders are expected to hurt June sales, which automakers will report on Wednesday. Cox Automotive forecasts fleet sales will fall nearly 56% to 1.3 million vehicles after plunging 83% in May and 77% in April. In the short term, fleet sales are not a major concern for automakers focused on ramping up production to beef up anemic dealer inventories for higher-profit sales to consumers.
US auto giant Ford said Monday it would suspend social media advertising for 30 days to evaluate its strategy and press efforts to "clean up" the digital ecosystem. The move comes amid a growing brand boycott of Facebook, with some companies pausing all social media marketing to avoid what some see as a toxic and polarized environment. "We are pausing all national social media advertising for the next 30 days to re-evaluate our presence on these platforms," Ford said in an emailed statement.
Ford Motor Co said on Monday it would pause advertising on all social media platforms in the United States for the next 30 days, joining a growing list of companies that have stopped spending on Facebook Inc in support of a campaign that called out the company for not doing enough to stop hate speech on its platform. The No. 2 U.S. automaker said it would re-evaluate its presence on all social media platforms and added that hate speech, violence and racial injustice in content on social media "needs to be eradicated." A spokesman said Ford is evaluating such spending in other regions.
Ford's (F) all-new F-150, which is now in its 14th generation, will deliver more payload and towing capability, torque, horsepower and comfort.
While Cummins (CMI) teams up with NPROXX for hydrogen storage tanks, Goodyear Tire (GT) and Lordstown Motors partner for tires and services.
While there is much opposition by the industry groups for California's zero-emissions truck mandate, there are a number of automakers who have been taking the EV plans seriously.
Four major automakers will not take a position on legal challenges to the Trump administration's decision to dramatically weaken Obama-era fuel economy standards but want to weigh in on any court fix, according to a document seen by Reuters. The Trump administration in March finalized rollback of U.S. vehicle emissions standards to require 1.5% annual increases in efficiency through 2026. Ford Motor Co <F.N>, Volkswagen AG <VOWG_p.DE>, Honda Motor Co <7267.T> and BMW AG <BMWG.DE> struck a voluntary agreement with California in July 2019 on vehicle emissions rules.
Four major automakers will not take a position on legal challenges to the Trump administration's decision to dramatically weaken Obama-era fuel economy standards but want to weigh in on any court fix, according to a document seen by Reuters. The Trump administration in March finalized rollback of U.S. vehicle emissions standards to require 1.5% annual increases in efficiency through 2026. Ford Motor Co, Volkswagen AG <VOWG_p.DE>, Honda Motor Co and BMW AG struck a voluntary agreement with California in July 2019 on vehicle emissions rules.
Ford Motor Co on Thursday unveiled the next generation of its F-150 pickup in an online event, showing a truck with a familiar look but that incorporates the automaker's new strategy for profiting from software and connectivity. The new F-150 and the soon-to-launch Mach-E electric SUV will be the first Ford vehicles equipped with electronic systems that allow for extensive over-the-air software upgrades. Rival Tesla Inc pioneered the use of smartphone-style updates to improve vehicles and generate revenue long after the sale.