Ford Motor Company (F)
Ford's $19.5 billion EV writedown signals tough road ahead for legacy carmakers
Ford's $19.5 billion writedown tied to a reset of its electric-vehicle business highlights the mounting challenges for legacy automakers as they navigate waning demand and a changed regulatory backdrop, analysts said on Tuesday.
5 Things to Know Before the Stock Market Opens
Stock futures are slightly lower this morning ahead of the release of highly anticipated labor market data; the government is scheduled to release two months of employment figures that were delayed owing to the government shutdown; Ford is roverhauling its electric vehicle business amid stagnant demand in the U.S.; Oracle and Broadcom are among the tech stocks looking to reverse their recent slides; and Tesla shares enter today's session at their highest level of the year. Here's what you need to know.
Ford is pulling back on EVs and getting in on the AI boom with data center battery storage
Ford's EV strategy shift just cost it $19.5 billion. Now, it's hoping to cash in on the AI boom.
Ford Stock Rises After It Takes a Huge EV Charge. Here Is the Good News.
The company is taking $19.5 billion in charges related to its EV investments as it tries to follow consumer trends.
Wall Street Breakfast Podcast: Ford Takes $19.5B EV Reset
Ford (F) pivots EV strategy, taking a $19.5B write-down and ending current F-150 Lightning production amid weak demand and high costs. Nasdaq (NDAQ) plans SEC filing to enable 23/5 stock trading, marking a significant step toward nonstop market access.
While Ford shares are remarkably steady after $20 billion charge, these stocks are getting battered
Ford Motor Co.'s decision to take a nearly $20 billion charge as it shifts to hybrids from electric vehicles had little impact on the automaker's stock but did send shares of battery makers lower.
Ford is switching gears from EVs: 'It was really the customer changing their decision'
Ford is pulling back on its electric vehicle production, a move that will cost it close to $20 billion. It's switching gears to hybrid vehicles, saying it was seeing a spike in demand for hybrid vehicles.
Ford CEO gives update on the state of the company
Ford CEO Jim Farley updates consumers on the state of the company on 'Kudlow.' #fox #media #breakingnews #us #usa #new #news #breaking #kudlow #foxbusiness #jimfarley #farley #ford #automotive #cars #economy #business #markets #manufacturing #inflation #consumer #ceo #industry #detroit #michigan
Ford's $19.5 billion EV writedown: five things to know
Ford Motor announced a $19.5 billion charge on electric-vehicle investments on Monday, the most visible sign to date of the auto industry's pullback from a technology carmakers wholeheartedly embraced early this decade.
Opinion | Ford Learns a Brutal EV Lesson
The car maker takes a $19.5 billion write-down on its electric-vehicle business.
Why Ford is scrapping major EV plans and taking a $19.5 billion hit
The Detroit automaker is refocusing on hybrids and pouring money into battery-energy storage.
Ford takes $19.5 billion charge as it retreats from EVs
Ford Motor said on Monday it will take a $19.5 billion writedown and is killing several electric-vehicle models, in the most dramatic example yet of the auto industry's retreat from battery-powered models in response to the Trump administration's policies and weakening EV demand.
