ELON Musk is unhappy with President Joe Biden yet again but this time it’s about the State of the Union address. The Tesla CEO has been publicly slamming Biden for a while now as he claims the US president continues to snub his car company. Biden didn’t mention Tesla during last night’s State of the […]

Elon Musk Mocks Biden’s State Of The Union Address After Tesla Snub

02:38pm, Wednesday, 02'nd Mar 2022 The Daily Caller
''Nobody is watching''
NEW YORK , March 2, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ROST, OXY, DVN, HES, and TSLA. … Full story available on Benzinga.com
Ford Shares Pop On Company''s Plans To Separate Its ICE And EV Segments It may not be the spin-off that Wall Street was hoping for, but Ford is slated to announce that it is going to undergo a re-organization wherein it will separate its internal combustion engine (ICE) segments and its EV segments. Ford shares are up about 4% heading into the open on Wednesday. The move is to help "fast track" the company''s growth in EVs, the company said on Wednesday. The divisions will have separate names, but will both be part of Ford, according to Reuters . Ford is planning on naming executives t0 lead each portion of the business individually, the report says. Eventually, the company will separate financial results for the two businesses. Ford spokesman T.R. Reid told Reuters: "We''re focused on carrying out our Ford+ plan to transform the company and thrive in this new era of electric and connected vehicles." Chief Executive Jim Farley last week addressed rumors of an EV spin-off, stating: "We know our competition is Nio and Tesla, and we have to beat them, not match them.

Ford splits business into separate EV and combustion units

02:14pm, Wednesday, 02'nd Mar 2022 Engadget
Ford is determined to compete against electric vehicle rivals like Tesla and Rivian , and it''s willing to reorganize the company to improve its chances. The brand is splitting its car manufacturing business into separate EV-only and internal combustion engine (ICE) divisions to help it fight both "new EV competitors" and conventional challengers. The electric unit, Model e, is meant to speed up large-scale development of EVs while producing connected vehicle technology for all of Ford. Effectively, the badge hopes to edge closer to the fast-moving, tech-driven cultures of its EV-only competitors. The ICE division, Ford Blue, will concentrate on "relentlessly attacking" costs, improving quality and streamlining operations to help turn a profit. Blue will supply hardware-focused engineering and manufacturing to the rest of the company. Company chief Jim Farley will serve as president of Model e. Apple and Tesla veteran Doug Field , who joined Ford in September 2021, will lead the unit''s development as its Chief EV and Digital Systems Officer.

Ford to run electric, internal combustion businesses separately

02:07pm, Wednesday, 02'nd Mar 2022 Times LIVE
Ford Motor Co said on Wednesday its electric vehicle (EV) and internal-combustion engine (ICE) units would be run as separate entities, in a move aimed at supercharging its EV business as it plays catch up with Tesla Inc
Each trading day features hundreds of headlines and press releases. Benzinga Pro is a source for traders to see the latest news on the overall mark…
Each trading day features hundreds of headlines and press releases. Benzinga Pro is a source for traders to see the latest news on the overall market and also on individual tickers. Here is a look at the stocks that were searched for most on Benzinga Pro for the month of February. 1. SPDR S&P 500 (NYSE: SPY ) YTD Return: -8.1% 52-Week Range: $371.88 to $479.88 Price: $436.63 For the second straight month , the S&P 500 ETF was the most searched ticker on Benzinga Pro. The ETF was the eighth most-searched ticker in 2021 across Benzinga Pro. With cycles of news stories of inflation, fed meetings and the Russian invasion of Ukraine, the SPDR S&P 500 remains one of the tickers on Benzinga Pro to get the latest macro news and themes. 2. Tesla Inc (NASDAQ: TSLA ) YTD Return: -17.6% 52-Week Range: $539.49 to $1,243.49 Price: $870.43 Tesla was the second most searched ticker on Benzinga Pro for the second straight month. The electric vehicle maker topped all searches for 2021 and remains one of the most popular stocks for investors.
Billionaire Elon Musk couldn’t resist jabbing at President Biden after he omitted any mention of Tesla from the portion of his “State of the Union” address.

Ford is splitting its business between electric, gas vehicles

01:48pm, Wednesday, 02'nd Mar 2022 The Verge
Ford will now include two distinct business units, with ford Blue committed to its gas vehicles, and Ford Model E working on electric vehicles exclusively. Former Apple and Tesla exec Doug Field is leading Model e ‘product creation.’
The project is bringing a more sustainable alternative to the gas turbines that power the region during sub-zero temperatures.

Tesla secures lithium supply through Core Lithium deal

01:24pm, Wednesday, 02'nd Mar 2022 Seeking Alpha
Tesla (TSLA) entered into an agreement with Australian miner Core Lithium (CXOXF) secure supply of lithium spodumene. Read more.
Elon Musk criticized Biden as the president failed once again to mention Tesla as he recognized Ford and GM in his State of the Union speech.
The move by Ford is aimed at supercharging its EV business as it plays catch up with Tesla
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