Ford Motor (F) call put ratio 2.6 calls to 1 put into Q&A session CFO and Controller on March 23
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Ford (F) predicts $3B pretax loss in EV business this year
March 23, 2023 8:09 AM EDTFord Motor Co. (NYSE: F) is scheduled to hold a mid-morning briefing with investors and analysts on Thursday. However, before the meeting, the company revealed that they expect their electric vehicle business unit to lose $3 billion this year, but remains on track to achieve a pretax margin of 8% by late 2026.
The briefing is being held to discuss the American automakers new financial reporting format. Starting with first-quarter results,... More
Nio (NIO) surges as CFO is 'very confident' in 250k vehicle sales target
March 22, 2023 7:59 AM EDTShares of NIO Inc. (NYSE: NIO) are up 2.80% in pre-market trading on Wednesday following comments by CFO Steven Feng where he said the company is very confident of meeting its target of doubling sales to 250,000 electric vehicles this year. The comments, made during a Bloomberg interview, provoked a surge in the companys Hong Kong shares.
We are very confident to achieve our sales target in 2023, Feng... More
Ford (F) unveils new Explorer EV for European Market
March 21, 2023 11:59 AM EDT(Updated - March 21, 2023 12:21 PM EDT)
Ford (NYSE: F) on Tuesday unveiled its new all-electric Ford Explorer SUV exclusively for the European market. The automaker said it plans to leverage the well-known Explorer nameplate to gain traction.
Other than the Explorer name and some design attributes, the new vehicle has very little in common with its gas-powered counterpart in the U.S., or the plug-in hybrid version thats currently... More
Ford (F) likely to miss 2026 EV margin target as Deutsche Bank predicts larger than expected losses
March 21, 2023 11:40 AM EDTDeutsche Bank reiterated a Sell rating and $11.00 price target on Ford Motor Company (NYSE: F) ahead of the American automakers teach-in on its new reporting structure this Thursday, when the company is expected to disclose profits/losses for its three new business units, Ford Blue, Ford Pro, and Model e.
Analyst Emmanuel Rosner attempted to estimate the respective segment economics and believes that the EV business could report much deeper losses than investors expect. Rosners... More
