Austin Cindric wins Daytona 500 to celebrate Penskes 85th birthday

01:15am, Monday, 21'st Feb 2022 Chicago Sun-Times
Austin Cindric, driver of the #2 Discount Tire Ford, celebrates in victory lane after winning the Daytona 500 on Sunday. | Chris Graythen/Getty Images Cindric drove a masterful race. The Ford drivers synched their strategy all week, then executed their plan to perfection. DAYTONA BEACH, Fla. Austin Cindric drove his brand new NASCAR ride to victory in the Daytona 500 to celebrate team owner Roger Penskes 85th birthday. Oh, my God. Ive got so many people to thank, a stunned Cindric said after climbing from his car and saluting the capacity crowd of some 120,000 spectators. First and foremost Roger Penske, happy birthday! Cindric drove a masterful race at Daytona International Speedway and the Ford drivers synched their strategy all week, then executed their plan to perfection Sunday night. The blue oval drivers pushed each other over 500 miles and were bunched together for the final restart in overtime. Cindric was the leader on the restart from the top lane and pulled out to a sizeable gap.
Ford Motor Co is looking at ways to separate its electric-vehicle operation from its century-old legacy business, hoping to earn the sort of investor respect enjoyed by Tesla Inc and other pure-play EV makers.
Taiwan Semiconductor Mfg. Co. Ltd.''s (NYSE: TSM ) high-performance computing and visualization products help gamers get the most from their favorite titles, and over the past five years, the most out of investors'' portfolios. Since February 2017, Taiwan Semiconductor stocks 5-year return has outperformed several of the worlds most popular EV, tech and financial services stocks: Ford Motor Company (NYSE: F ), Amazon.com, Inc. (NASDAQ: AMZN ), Meta Platforms Inc (NASDAQ: FB ), Full story available on Benzinga.com
EV stocks turned in a mixed performance yet again in the week ending Feb. 18, as the broader market volatility continued to impact the space. EV pioneer Tesla, Inc. (NASDAQ: TSLA ) extended its slide, while Fisker, Inc. (NYSE: FSR ) was in the spotlight amid its product pipeline update and fourth-quarter earnings release. Here are the key events that happened in the EV space during the week: Tesla China Sales, Musk''s Tirade, Model 3 Loses Top Spot And More: Tesla''s China wholesale sales, including domestic sales and exports, fell from December''s record number. Nevertheless, the year-over-year growth was an astounding 285%. The company''s domestic sales trailed the EV tally of BYD Company Limited (PNK: BYDDF), which is backed by billionaire investor Warren Buffett. In a negative headline, Tesla''s Model 3 lost out to Ford Motor Company''s (NYSE: F ) Mustang Mach-E in being named Consumer Report''s 2022 Top Pick. The publication said the ranking is based on an overall score, which factors road-test score, predicted reliability, owner satisfaction, and safety.
Ford Motor is looking at ways to separate its electric-vehicle operation from its century-old legacy business, hoping to earn the sort of investor respect enjoyed by Tesla and other pure-play EV makers.Chief Executive Officer Jim Farley wants to wall off Ford’s electric operations from its internal combustion engine (ICE) business and has even considered spinning off one or the other, people familiar with the effort said. A spin-off could generate the kind of earnings multiples that have given…
Ford Motor Company (NYSE: F ) stock spiked 5% when the markets opened on Friday, following a report the legacy-turning-electric vehicle manufacturer had filed a patent for a feature called Pet Mode that keeps the air-conditioning on, plays music and can open and close the sunroof for animals inside the vehicle when the owners are away. The feature, which will likely be available in Ford’s upcoming EV line up, will launch the company further into direct-competitor status with Tesla, which has a similar feature called Dog Mode . At 10:30 a.m. EST, a report stated Ford CEO Jim Farley is mulling ways to operate the company''s electric vehicle business separately, causing a bearish reaction on the stock and Ford fell almost 3% lower over the 1 1/2 hours that followed before recovering slightly. Although Ford plummeted 34% between its Jan. 13 high of $25.87 and the low of $17.02 it printed on Feb. 8, the stock has shown relative strength over the past 10 days compared to the SPDR S&P 500 ETF Trust (NYSE: SPY ), which has been in a …

Why Ford Motor Company Stock Is Higher Today

05:05pm, Friday, 18'th Feb 2022 The Motley Fool
Is a spinoff of Ford''s EV business -- or its legacy internal-combustion biz -- in the works?
Ford Motor stock is rising in early Friday trading after a report the company might spin off its electric-vehicle business. That''s a taller order than meets the eye.
Ford Motor considering ways to run EV business separately - Bloomberg News
Ford Motor Co is considering ways to separate its electric-vehicle operation from its legacy business, Bloomberg News reported https://www.bloomberg.com/news/articles/2022-02-18/ford-f-ceo-is-considering-ways-to-run-its-ev-business-separately?sref=vEQJzSks on Friday, citing people familiar with the effort. Chief Executive Officer Jim Farley has considered spinning off Ford''s electric operations or its internal combustion engine business, the report said. Ford did not immediately respond to a Reuters request for comment.
Tesla Inc (NASDAQ:TSLA) lost seven spots in the latest Consumer Report ranking of the best automotive brands. Elon Musk’s electric vehicle (EV) giant dropped from 16th to 23rd while its Model 3 lost the spot as the best EV to the Mustang Mach-E by Ford Motor Company (NYSE:F). Q4 2021 hedge fund letters, conferences and […]

Ford jumps on report it is considering a standalone EV business

03:35pm, Friday, 18'th Feb 2022 Seeking Alpha
Ford Motor (F) stock received a jolt on Friday after CEO Jim Farley is reported to be looking at ways to run the automaker''s electric vehicle business as a standalone entity. Read more.
Ford Motor Co (NYSE: F ) and China’s Geely Automobile-owned Volvo Cars (OTC: VLVLY ) have partnered with Tesla Inc (NASDAQ: TSLA ) co-founder JB Straubel ’s Redwood Materials for an electric vehicle battery recycling venture program in California. What Happened: Redwood Materials said Ford and Volvo are supporting its most comprehensive program in California that will focus on recycling end-of-life hybrid and electric vehicle battery packs. The startup said it will accept all lithium-ion and nickel metal hydride batteries in California and work directly with dealers and dismantlers in the state to identify and recover end-of-life battery packs. The materials in those packs … Full story available on Benzinga.com
Ford Motor Company and Volvo Cars are collaborating with an e-waste startup to launch a first-of-its-kind electric vehicle (EV) battery recycling program in California, the companies announced Thursday.The automakers will work to…
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