Ford Motor Co. and Tesla Inc. have both formed weekly chart patterns that could provide clues to their future direction for the long-minded trader and investor. Ford has formed a bull flag pattern while Tesla has settled into a bearish downtrend. As more and more legacy automakers continue the switch to electric vehicles, there is…
BZ Chart of the Day: Ford Remains Stuck in Neutral
Long-term shareholders of Ford Motor Company haven’t had much to celebrate over the past three weeks. The stock has been stuck in a narrow range, but some traders have still been able to profit. When Ford reached levels around $20.50, these traders sold. At the top of the range there is resistance, or a large…
Business Chart of the Day: Ford Remains Stuck in Neutral
Long-term shareholders of Ford Motor Company haven’t had much to celebrate over the past three weeks. The stock has been stuck in a narrow range, but some traders have still been able to profit. When Ford reached levels around $20.50, these traders sold. At the top of the range there is resistance, or a large…
Stock Wars: Ford vs Tesla
Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between two of the most prominent and often controversial companies in the history of the automobile industry: Ford Motor Company and Tesla Inc. Case For Ford…
Unionized Workers Won’t Have to Get COVID-19 Vaccine, Automakers Decide
November 25, 2021
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AMERICABusiness & EconomyBusinesses in COVID-19CCP VirusChryslerCompaniesFordGeneral MotorsUSUS NewsVaccines & Safety
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A major union and three large automakers announced an agreement this week that includes not mandating COVID-19 vaccination. Ford, General Motors, and Stellantis are asking members of the United Auto Workers (UAW) union to share whether they’ve had a shot, but are not requiring them to do so at this time, the four parties announced…
Ford, Rivian Dump Plans to Jointly Develop a Ford Electric Vehicle
November 20, 2021
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Business & EconomyBusinesses in COVID-19CompanieseconomyelectricFordLocal NewsMichiganRegional-Local NewsRivianTechUSUS Newsvehicle
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Ford Motor Co. and Rivian Automotive Inc. have dropped plans to jointly develop an electric vehicle, Ford confirmed on Friday. “We respect Rivian and have had extensive exploratory discussions with them,” a spokesperson told Reuters. “However, both sides have agreed not to pursue any kind of joint vehicle development or platform sharing.” Ford owns about…
Ford Teams Up With Chip Giant GlobalFoundries to Boost US Semiconductor Supply
November 18, 2021
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Business & EconomyCompanieseconomyFordGlobalFoundriesInvestmentMarketsSemiconductor ShortageTechTech NewsUSUS News
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Ford Motor Co. and U.S.-based chip maker GlobalFoundries have announced a strategic deal that will see the two companies join forces on seeking to boost semiconductor manufacturing and technology development within the United States. The two companies said in a joint release that their “strategic collaboration,” based on a non-binding agreement that does not involve cross-ownership…
2021 Ford Escape PHEV first drive
Ford has been a part of the electrification wave long before the technology became trendy, manufacturing a production Escape Hybrid way back in 2005. Fast forward to 2021 and a PHEV version of the popular compact SUV is now available for consumers, providing another option to go green minus the range anxiety of a pure…
Why Ford CEO Is Warning Automaker’s Employees to Take Tesla Seriously: ‘We Can’t Ignore This Competition Anymore’
Ford Motor Co. CEO Jim Farley is the latest legacy-automaker executive to warn employees that electric-vehicle segment leader Tesla Inc. needs to be taken seriously, Electrek reported on Monday, citing Detroit Free Press. What Happened Farley praised Tesla’s overall prowess in a recent internal meeting and said the Elon Musk-led company makes electric vehicles better…
Ford Says Electric Crate Motors That Can Replace Combustion Engines in Old, New Vehicles Are Sold Out
Ford Motor Company’s crate motor that can be used to retrofit internal combustion engine vehicles with electric drivetrains is already sold out. What Happened The Eluminator crate motor is already sold out as per the North American director of Ford Accessories Mark Wilson, reported Ford Authority. Those wanting the Elumniator currently have to buy their…
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