Ford says it cannot predict the outcome of the investigation and "cannot provide assurance that it will not have a material adverse effect on us." » Read More
By: David Reid
Trade talks between the EU and U.S. will fail and tariffs are coming, Commerzbank says. » Read More
The plan would weaken the French government's stake in Renault. » Read More
Tesla chief Elon Musk and the SEC asked for a second delay and requested to provide the court another joint submission indicating whether they have reached an agreement over Musk's Twitter use on or before April 30. » Read More
Ford is currently testing autonomous vehicles in Miami and Washington, D.C.
The turnaround at Ford Motor is finally starting to take hold — but there is still a lot of work ahead, says CFO Bob Shanks.
The quarterly numbers come amid Ford's $11 billion restructuring plan, with an aim to slash costs by $14 billion over the next five years.
Tesla's first-quarter loss was "catastrophic" and the board should hold CEO Elon Musk responsible, says management expert Jeffrey Sonnenfeld.
Tesla will soon need to raise billions more in capital, Morgan Stanley said on Thursday.
The U.S. firm reported a loss of $702 million on an adjested basis for the first three months of the year.
Wedbush lowered its rating of Tesla shares to neutral from outperform on Thursday after the company reported a first-quarter loss that was far worse than Wall Street expected.
Tesla braces investors for another quarter in the red
When asked during a Wednesday earnings call if Tesla is considering launching an insurance program, Musk says the company is working on one.
Executives braced investors for another loss in the second quarter before returning to profitability in the second half of the year.
Ford's investment in electric truck maker Rivian was possible after the start-up's talks with GM broke down about eight weeks ago.
Ford says it will build an all-new battery electric vehicle using Rivian's skateboard platform.
Tesla investors await updates on service improvements, the Shanghai Gigafactory and Model 3 margins.
According to Crunchbase data, start-up AutoX has raised around $43 million in funds, and that includes an investment from China's Dongfeng Motor Group.
The event served as a distraction from Tesla's recent operational, regulatory and financial troubles, which will be in full focus during the company's first-quarter earnings report on Wednesday.
Elon Musk's Tesla is a classic battleground stock involving Wall Street hedge fund shorts; long-term investors; traditional industries like autos and oil ripe for disruption; and opposing political views about climate change and the future.