9.73 +0.01 (0.10%)
After hours: 7:56PM EDT
|Bid||9.72 x 1000|
|Ask||9.73 x 3000|
|Day's Range||9.56 - 9.74|
|52 Week Range||9.35 - 13.48|
|PE Ratio (TTM)||5.75|
|Earnings Date||Oct 24, 2018|
|Forward Dividend & Yield||0.60 (6.28%)|
|1y Target Est||11.05|
It sat rusting for more than 20 years on a farm in north Texas and was presumed destroyed, but now it's been found and reportedly verified: Ford and Shelby American's 1967 Ford Mustang Shelby GT500 EXP prototype, the first of its kind and significant for many other reasons. Barrett-Jackson Chairman and CEO Craig Jackson found the car in March and unveiled it at The Henry Ford museum near Detroit on Friday and displayed it at Mustang Alley as part of the Woodward Dream Cruise on Saturday.
Yahoo Finance's Seana Smith, Andy Serwer, and Jen Rogers sit down to discuss Tesla CEO Elon Musk's emotional interview with the New York Times.
In the week ended August 17, Ford Motor Company (F) stock settled at $9.55, a fall of 2%. The stock has seen negative movement in nine of the last ten weeks. In the previous week, it fell 3%.
Ford (NYSE:F), one of the most celebrated names in business history, has been hammered so far this year, losing more than a third of its value since January 18. It is remarkable how far the once-mighty Ford has fallen. Ford’s total value is now substantially lower than Tesla (NASDAQ:TSLA), a company with a tiny fraction of Ford’s revenues, and whose CEO has been behaving erratically on social media and elsewhere all year.
JPMorgan on Monday, Aug. 20, slashed Tesla's price target to $195 from $308, saying that it appeared "funding has not been secured" for CEO Elon Musk's proposal to take the electric vehicle maker private. The analysts initially had boosted Tesla's price target after a tweet from Musk on Aug. 7, said he was considering taking Tesla private. The price slash came after a report over the weekend that Saudi Arabian sovereign wealth fund, PIF -- Musk said he believed Saudi Arabia's PIF could provide the necessary funding -- was planning to sink $1 billion into Tesla competitor Lucid Motors Inc., a company that was started by an ex-Tesla board member.
As of August 17, the broader market has largely traded on a mixed note, and the S&P 500 (SPY) benchmark has inched up 0.6%. Global trade equations becoming more puzzling could be one of the reasons for investors’ mixed sentiments. In the last couple of months, trade tensions between the United States and other countries, including China, Canada, and European countries, have haunted auto investors.
Shares of Ford Motor (F) have had a difficult year, falling more than 22% as a variety of headwinds buffet the automaker. The stock is trailing behind shares of both General Motors (GM) and Fiat Chrysler Automobiles (FCAU). Where we're headed: Ford needs to make a change.
There’s no denying that electric vehicle maker Tesla (NASDAQ:TSLA) has some pretty amazing technology and products. There’s also no denying that TSLA is a pretty poorly run company with terrible financials. Despite the lack of profits, high debts and other mishaps, shares of Tesla continue to have plenty of fans.
Several companies, including Ford Motor Company (F), Harley-Davidson (HOG), and Tesla (TSLA), saw higher input costs in the second quarter. Higher steel prices and physical aluminum premiums have been among the reasons US companies are facing cost pressures. Meanwhile, the Trump administration seems to be performing a balancing act for now.
Last week, Tesla (TSLA) stock fell 14.1% to $305.50. The New York Times published an interview with Elon Musk, Tesla’s CEO, late on August 16. At 9:45 AM EST, Tesla was trading with 3.1% losses—compared to a 0.1% fall in the NASDAQ 100 Index. Among other automakers (XLY), General Motors (GM), Ford (F), and Fiat Chrysler (FCAU) rose 0.8%, 0.9%, and 2.1%, respectively.
Since Tesla produced the first Roadster sports car in 2008, Tesla Motors Inc. (NASDAQ: TSLA) and its chief executive officer (CEO) Elon Musk have cemented their status as icons of technology and innovation. Now with big corporations like PepsiCo., Wal-Mart and Anheuser-Busch Inbev placing big orders for the electric semi-autonomous truck, Tesla is digging in deeper. While automakers such as Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) have dabbled in electric vehicles as part of their larger lineups, Tesla is the most well-known name focusing solely on electric cars.
Henry Ford's experiences in the early days of running the family's fledgling car company serve as a lesson from history for troubled Tesla founder Elon Musk, according to analyst Christopher Whalen, who has studied both operations closely.
Have Trump’s Tariffs Helped US Steel’s Pursuit of Greatness? President Donald Trump has resorted to an economic war, using sanctions and tariffs as tools to achieve political and economic ends. The Section 232 tariffs have been used as a bargaining chip to get better trade deals from trading partners.
Can America Be Great Again without a Strong Auto Industry? In this series so far, we have discussed how the global trade war is affecting the auto industry’s (XLY) profitability. On May 23, the Trump administration initiated a section 232 investigation into auto imports.
Eric Jones has nearly given up on driving in Detroit. A reluctance to deal with highway gridlock leaves him with few other options in the Motor City’s car-focused transportation system. What differentiates Detroit from even more crowded cities—including New York, Boston and Chicago—is a near-total lack of reliable public transportation.
Ford is working on several initiatives to boost profit and cash flow, enabling the company to sustain its high dividend. They would all have to fail for Ford's dividend to be in jeopardy.
Elon Musk sees no option but to keep working at his current relentless pace, no matter the deepening concerns of board members and investors about his health and stability as he propels Tesla Inc. toward a possible rebirth as a private company. Only a few hours before sunrise in California on Sunday, Musk said he’d just gotten home from the electric-car factory where he has toiled -- and often slept -- for months to ramp up Model 3 sedan production. The chief executive officer rebutted a post from digital-media mogul Arianna Huffington, who had urged him to take time off lest he fall short of his ambitions to change the world.
Car makers are collecting massive amounts of data from the latest cars on the road. With millions of cars rolling off dealer lots with built-in connectivity, auto companies are gaining access to unprecedented amounts of real-time data that allow them to track everything from where a car is located to how hard it is braking and whether or not the windshield wipers are on. The data is generated by the car’s onboard sensors and computers, and then stored by the auto maker in cloud-based servers.
Currently, it appears that one of the worst calls I’ve made here at InvestorPlace was telling you to buy Ford (NYSE:F). If you feel badly about it, I feel worse, because I did indeed buy Ford stock. Ford made a profit of $1.06 billion on those sales, enough to pay the 15-cent-per-share dividend with room to spare.
Ford is helping to fund research for juvenile diabetes in one big (and very blue) kind of way. The automaker is auctioning a one-of-a-kind Mustang Bullitt, featuring a custom Kona Blue paint job and its own unique set of grey alloy wheels. Each auction ticket is only $10 apiece, and 60,000 tickets will be sold in total.
Tesla (TSLA) CEO Elon Musk was interviewed by the New York Times on August 16. In the candid interview, Musk answered a variety of questions that have been puzzling Tesla investors since he tweeted on August 7 that he’s “considering taking Tesla private at $420.
On this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Senior Editor Jeremy Korzeniewski and Associate Editor Joel Stocksdale. We discuss the just revealed 2018 Ford Mustang Cobra Jet drag car, along with our driving impressions of the 2019 Chevy Silverado and the 2018 Subaru BRZ tS.