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Automobile Stocks

Tesla’s 500K Delivery Guidance in Doubt as Earnings Day Approaches

The carmaker is looking to reopen its Fremont factory very soon, which would boost its production outlook — but is likely to face pushback from local officials.

4/27/20 3:36PM

Tesla Moves to Reopen California Factory Despite Stay-at-Home Orders

Tesla asks workers to be ready to clock in again, despite still-in-place stay-at-home orders.

4/27/20 11:19AM

AutoNation Returns $77 Million PPP Loan

AutoNation, the country’s largest auto dealership chain, returned its small-business loans but said it was “clearly eligible” for them.

4/27/20 9:03AM

Hertz to Lay Off 10,000 Employees as Business Slumps During Pandemic

Hertz, looking to cut costs during the coronavirus pandemic, will lay off 10,000 employees in North America.

4/21/20 5:47AM

Tesla Reports Soon: What to Watch in Its Q1 Financials

Tesla’s first-quarter deliveries weren’t as bad as some had feared. Its full quarterly results will show how the coronavirus has impacted the company.

4/16/20 5:30PM

Missouri City Offers Tesla $1 Billion of Incentives for Cybertruck Plant

Joplin, Missouri, is offering Tesla $1 billion in incentives and savings to locate a new factory for the Cybertruck there.

4/14/20 3:47PM

Carvana Spikes as Wells Fargo Sees Buying Opportunity

Wells Fargo sees the recent downturn in the stock as a buying opportunity.

4/9/20 11:58AM

Tesla Cuts Salaries, Furloughs Workers Amid Pandemic Wind-Down

Tesla will cut salaries by as much as 30% and furlough workers in the wake of the electric carmaker’s forced production wind-down due to the coronavirus pandemic.

4/8/20 10:43AM

Tesla Preps Rollout of Longer-Range Model 3 in China

Electric carmaker Tesla is preparing to roll out a longer-range version of its Model 3 sedan to the Chinese consumer market that has a range of more than 400 miles as early as this week.

4/7/20 10:39AM

25 Highest Paying Jobs Without a College Degree

You don’t need a college degree to get a good job at good wages. These 25 jobs are the highest paying jobs you can get without a degree.

4/3/20 1:03PM

What’s the Average Cost of Car Insurance?

Auto insurance comes in different models and flavors. Once you know the tactics that keep costs down, you can start cutting your car insurance bill.

4/3/20 11:59AM

Ford First-Quarter Vehicle Sales Off 12.5%

Ford’s first-quarter vehicle sales fell 12.5%. The truck segment saw the smallest decline from a year earlier.

4/2/20 10:27AM

General Motors Shares Sputter as Coronavirus Hurts Car Sales

GM reported a 7% decline in first-quarter car and truck deliveries. Automakers have temporarily suspended production in a bid to stop the spread of Covid-19.

4/1/20 12:56PM

Fiat Chrysler Reports 10.4% Decline in First-Quarter U.S. Sales

Fiat Chrysler sold 446,768 vehicles in the first quarter, off 10.4% from a year earlier.

4/1/20 10:10AM

Tesla Reports New Delivery Figures Soon – Here’s What to Watch

Tesla’s full-year target of 500,000 vehicle deliveries now seems out of reach, and this week investors should hear more about how the company plans to navigate supply-and-demand troubles during the pandemic.

3/31/20 2:31PM

Auto Components

Oracle Upgraded to Overweight as a `Relative Safe Haven’ During Downturn

Oracle was upgraded to overweight from neutral by JPMorgan, which calls the database-software and cloud-infrastructure giant a possible “relative safe haven” during an economic downturn.

3/20/20 1:08PM

Tesla to Close Fremont, Calif. Factory; Shares Down 9%

Tesla will temporarily suspend operations at its Fremont, Calif. factory as part of a shelter-in-place order effective until at least April 7.

3/19/20 6:26PM

Ford Suspends Dividend, Withdraws Guidance, Offers Payment Relief to Some New-Car Buyers

Ford suspended its dividend, withdrew its financial guidance to investors and analysts and offered payment relief to some new-car buyers, all in an effort to contend with the effects of the coronavirus pandemic.

3/19/20 10:59AM

Tesla and General Motors Could Retool Plants to Build Medical Equipment

Tesla joins GM and Ford in offering to make hospital ventilators in auto factories that have been shut by the coronavirus outbreak.

3/19/20 6:43AM

GM, Fiat Chrysler Join Ford In Shutting Down Production to Fight Coronavirus

The move comes after the United Auto Workers union called on the Big 3 Detroit automakers to shut down production.

3/18/20 5:09PM

Tesla Plunges as RBC Slashes Price Target Due to Coronavirus Pandemic

Shares of Tesla plunge after RBC Capital markets analyst Joseph Spak slashes his one-year price target on what he expects to be a sharp drop in demand.

3/16/20 11:01AM

GM and Ford Join Crowd of Companies Asking Staff to Work From Home

All employees who can perform their work remotely have been asked to do so, except those in China, a media report says.

3/13/20 12:35PM

General Motors Unveils $20 Billion Electric Vehicle Expansion Plan

General Motors unveils its plan of more than $20 billion to charge up its electric and autonomous vehicle production.

3/11/20 8:54AM

Tesla to Expand Car-Parts-Production Capacity in Shanghai

Electric-vehicle major Tesla plans to expand car-parts-production capacity in Shanghai, a media report says.

3/10/20 10:29AM

AutoZone, Auto-Parts Retailers Climb as Exposure to Supply-Chain Disruption Is Low

AutoZone and other auto parts retailers are climbing after Credit Suisse said the sector has the least exposure to supply-chain disruption in China.

3/9/20 2:18PM

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