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Chart Wars: Volkswagen To Overtake Tesla By 2024? Here's A Look At Near-Term Direction
Friday, June 24, 2022 - 12:07pm | 803Tesla Inc (NASDAQ: TSLA) was outpacing Volkswagen AG (OTC: VWAGY) on Friday, with the former trading up more than 4% higher at one point while the latter gapped down to start the session but was working to erase its losses. A Bloomberg Intelligence forecast recently released estimated that...
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Will This Bullish Pattern Dominate On Ford's Chart?
Thursday, June 9, 2022 - 1:03pm | 600Ford Motor Company (NYSE: F) was trading mostly flat on Thursday, despite the S&P 500, which was sliding about .7%. The legacy-turning-electric vehicle manufacturer has been in a consolidation phase for almost two weeks after forming a triple bottom pattern just above the $12 level on the...
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Auto Analyst: Soaring Steel And Other Commodity Costs Are Weighing On Margins
Wednesday, June 8, 2022 - 12:13pm | 451Shares of U.S. automakers Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM) and Tesla Inc (NASDAQ: TSLA) are all down more than 32% in 2022 as the auto industry struggles to deal with ongoing supply chain disruptions and rising commodity costs. Unfortunately for the struggling...
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Way.com Seeks To Make Car Ownership 'Affordable, Rewarding And Fully Digital'
Monday, April 11, 2022 - 3:24pm | 1095The cost of car ownership, for numerous reasons, has risen. Supply pressures, among other things, are forcing consumers to seek affordability in parking, insurance and beyond. Founded in 2016, Way.com, a fintech super app for car ownership, gives consumers the tools to save money. Benzinga...
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Ford's Stock Sees A Bounce: A Technical Look
Wednesday, March 2, 2022 - 4:09pm | 478Ford Motor Company (NYSE: F) shares are trading higher Wednesday after the company announced the separation of its electric vehicle and internal combustion engine businesses. The company reported February 2022 total U.S. sales of 129,273 vehicles, representing a year-over-year decrease of...
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Fisker To Start Delivering Its Electric Vehicle In North America, Europe In November
Friday, February 4, 2022 - 11:35am | 471Fisker Inc (NYSE: FSR) said on Friday it will begin delivery of its Ocean electric sports utility vehicle in North America and certain European countries after the start of production in November 2022. What Happened: Henrik Fisker, chairman and CEO at the Manhattan Beach, California-...
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5 Cars Over $1 Million: Does One Fit Your Style?
Wednesday, January 5, 2022 - 8:47am | 701When shopping for an extraordinary car, it's good to keep in mind this quote from Ettore Bugatti: “Nothing is too beautiful, and nothing is too expensive.” Bugatti, a car designer and manufacturer who died in 1947, knows a thing or two about both, as his company has produced some of...
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10 Best Performing S&P 500 Stocks Of 2021
Friday, December 31, 2021 - 1:46pm | 633The S&P 500 delivered one of its best years in recent history in 2021, gaining more than 27%. Most U.S. investors had a lot of winners in their portfolios this year, but some stocks certainly performed better than others. Here’s a look at the 10 best-performing stocks in the entire S&...
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US Car Buyers Are Traveling Longer Distances To Find Their Vehicle As Dealer Inventories Dry Up: J.D. Power
Friday, October 29, 2021 - 5:07pm | 637Lean inventories at dealerships — and strong demand for pickup trucks — are forcing U.S. car buyers to drive out farther to find the car of their choice, says automotive consultancy J.D. Power. What Happened: The average number of buyers who traveled more than 50 miles to find a...
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This Legacy Automaker Has A Better One-Year Return Than GM, Tesla, Nio And Plug Power
Friday, October 15, 2021 - 12:16pm | 319Investors who added Ford Motor Company (NYSE: F) stock to their portfolios one year ago know the meaning of “Built Ford Tough.” Since October 2020, Ford stock’s one-year return has outperformed a number of the world’s most popular automobile, electric vehicle and clean...
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Root Stock Is Firing Up And Looks Ready To Launch
Friday, September 17, 2021 - 12:58pm | 362Root Inc (NASDAQ: ROOT) shares are trading higher Friday, although there looks to be no company evident news to explain the jump in share price. The stock looks like it is possibly ready to break out past resistance and push higher. Root was up 5.61% at $6.30 at last check Friday...
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Ford's Stock Looks To Be Breaking Out Of A Pattern And Reversing
Thursday, September 16, 2021 - 5:29pm | 358Ford Motor Company (NYSE: F) shares are trading higher after the company announced it spent $250 million to expand its new factory. The new factory will produce the battery-powered F-150 Lightning to tap into the demand surge for electric vehicles. Ford was up 1.36% at $13.40 at...
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Why This Analyst Believes Lucid Group's Stock Has Raced Ahead Of Valuation
Tuesday, September 14, 2021 - 12:51pm | 243Although Lucid Group Inc (NASDAQ: LCID) features compelling technologies that could scale profitably, its business faces significant competition from both legacy players and startups, according to Morgan Stanley. The Lucid Group Analyst: Adam Jonas initiates coverage of Lucid Group with an...
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Tesla Gears Down To A Support Level: What's Next For The Stock?
Monday, September 13, 2021 - 12:13pm | 495Tesla Inc (NASDAQ: TSLA) CEO Elon Musk sent a company-wide email on Sept. 8 asking employees to "go super hardcore’ in an effort to motivate the workers to meet delivery targets for the third quarter. The electric vehicle manufacturer, like many automakers, has been negatively...
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General Motors Stock Surges Through Resistance, Options Traders Place Massive Bets
Friday, September 10, 2021 - 2:27pm | 778General Motors Company (NYSE: GM) was trading higher Friday despite Wells Fargo lowering its price target on the automaker from $67 to $63. GM also announced it was extending the shut-down of a number of assembly plants due to the ongoing global chip shortage. Competition for GM is also heating up...