RBC Capital Markets says delivery issues and lackluster demand will plague Tesla earnings; analyst Joseph Spak cuts his stock forecast 14 percent. » Read More
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"Despite all of the distractions, they delivered," Loup Ventures founder Munster says of Tesla's third-quarter earnings results.
The automaker faces challenges from rising materials costs and a struggling international business. But it continues to benefit from a shift toward trucks and sport utility vehicles in North America.
Tesla shares jumped by more than 12 percent in premarket trading as CEO Elon Musk made good on his promise to start turning regular profits in the last half of the year and revenue surges 70 percent to $6.8 billion.
Consumer Reports, which ranks the reliability of vehicles based on owner reviews, says the dependability of Tesla models has slipped in the last year as the automaker upgraded the hardware and software on its Model S vehicles.
The standards body ruled that on-screen messages by the auto firms promoted dangerous driving.
Ahead of Tesla's earnings report, JMP Securities gives the electric car maker's stock an outperform rating, citing its collection of top talent and lagging competition.
Ford has also named auto industry veteran Anning Chen as the new president and CEO of the China business, starting Nov. 1.
Musk, who announced the news over Twitter, said some options won't be available after Nov. 1. "Order now to be sure of the one you want," he said.
The motorcycle manufacturer said historically low used bike prices are taking a chunk out of new bike sales, but prices are edging upward.
The company's being hit with tariffs on the metals Harley uses to make its bikes, as well as tariffs on the fully assembled motorcycles imported into the European Union and China, CFO John Olin said Tuesday.
Tesla shares rose Tuesday as a noted short seller, Andrew Left of Citron Research, said he is now betting on the stock ahead of the company's earnings report on Wednesday.
Investors and industry analysts have become frustrated by Ford's weak performance and CEO Jim Hackett's lack of details on restructuring plans.
The company's motorcycle sales slid 7.8 percent from the same time last year with a bulk of that drop coming from the U.S. The company sold 36,220 Harley's in America during the quarter, 13.3 percent less than the same period last year.
A growing number of auto dealers around the country is seeing a noticeable drop in retail sales and customer traffic, raising the possibility that a long-anticipated slowdown in auto sales has arrived.
Reintroducing the Ford Ranger and Bronco to the U.S. market is part of the company's gambit to take advantage of America's shift in consumer sentiment toward pickups, SUVs and crossovers.
Fair is a two-year old startup where you choose a used vehicle, get approved and complete the transaction — all on your smartphone app.
The sheer cost and technological burden of developing self-driving cars, electric vehicles and other advancements has companies that have historically been fierce competitors becoming, at the very least, frenemies.
A boycott of Harley-Davidson encouraged by President Trump seems to be having a significant impact on the iconic motorcycle manufacturer.
The automaker is suffering from the appearance that it lacks transparency and decisive action.
"Let the other guys keep dreaming about the future. We'll be the ones building it," Bryan Cranston says against a variety of scenes that poke fun at today's high-tech visionaries while touching on Ford's historical roots.