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F Jul 2024 11.500 call
- Yahoo Finance Video
Ford, Tesla report EV sales boost: Could EV demand rebound?
Ford (F) reported a 61% year-over-year increase in its second quarter electric vehicle sales, following EV giant Tesla's (TSLA) report of a higher-than-expected increase in second quarter vehicle deliveries. In response, Wedbush analyst Dan Ives raised his price target on Telsa to $300 per share. Morning Brief Anchors Brad Smith and Madison Mills break down the latest developments for Tesla and Ford and what they mean for the stocks moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
- Investor's Business Daily
EV Sales Soar 61% For Ford And 40% For GM On The Back Of Tesla 'Conquests'
GM and Ford grew auto sales a bit in Q2, but their EV sales jumped. Ford claimed No. 2 EV spot behind Tesla.
- Barrons.com
Ford’s Electrified Vehicle Sales Stay Hot. The Stock Is Warming Up.
Ford Motor hybrid and all-electric vehicle sales continue to be the standouts in 2024. “Hybrid and electric vehicles are driving growth,” said Ford Blue President Andrew Frick in a news release. Ford makes most of its money selling trucks, according to Freedom Capital Markets’ Mike Ward.
