3 Top EV Industry Trends to Watch in 2023

03:43pm, Thursday, 04'th May 2023
Undoubtedly, 2022 was an excellent year for the EV industry. In the U.S., 5.7% of all vehicles sold during the year were electric.
Sustainable investing is gaining in popularity. The good news for investors is that there have never been more options available when it comes to making socially responsible capital allocations.

Skip the Hype and Bet on These 3 Solid EV Stocks

03:52pm, Wednesday, 03'rd May 2023
Tesla's (NASDAQ: TSLA ) stock has performed well this year, rising by 51% since the start of 2023 (although it's still down almost 50% from its 2022 starting point). Given the worries about the effect
Ford (F) anticipates adjusted EBIT and adjusted FCF for 2023 in the range of $9 billion-$11 billion and $6 billion, respectively.
April U.S. auto sales are predicted to top a recent forecast, thanks to higher inventories and a “healthy dose” of fleet sales, which are sales to rental-car and other companies.
Ford Motor Co.'s stock rose more than 1% on Wednesday, boosted by the auto maker's $1.8 billion profit in the first quarter, but investors worried about the company's unchanged guidance.

Here's How Ford Plans To Win Tesla's Price War

11:09am, Wednesday, 03'rd May 2023
Tesla's pricing strategy isn't a secret anymore. Ford has also opened up on how it plans to take on Tesla.
Republican Senator Marcio Rubio on Wednesday asked the Biden administration to investigate Ford Motor Co's decision in March to join PT Vale Indonesia and China's Zhejiang Huayou Cobalt as their new p
Ford CFO: ‘We are not going to sacrifice profitability just for share and value'
U.S. stock index futures on Wednesday were recovering a portion of the previous session's sharp selloff, as the focus turns to the Federal Reserve interest rate decision later in the day, while privat
Livent Corp. shares LTHM jumped nearly 10% premarket Wednesday after the lithium miner posted first-quarter results that topped Wall Street views and raised guidance.
Ford reported first quarter operating profit of $3.4 billion, up from $2.3 billion a year ago. Wall Street was looking for $2.5 billion.
The auto makers all reported better-than-expected first-quarter numbers. All three stocks are down.
The specter of a pending Fed funds rate increase, possibly without a clear message that the rate hikes are over, looms larger than earnings metrics.
Ford Motor Company (F) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.38 per share a year ago.
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