Could Ford Buy Tesla? Here’s How Likely A “Doomsday” Scenario Is

Former Tesla bulls have been bailing on the company. The stock continues to drop. Bond prices are at low levels. The auto maker is burning through $1 billion in cash a quarter, the cash from the latest $2.7 billion funding round will be gone within ten months, and demand is falling off. One of the […]

Tesla Investors and Analysts Jump Ship: It’s a “Quagmire” Says One

Tesla, once a darling of Wall Street, has pushed the envelope and not in a good way. Too many problems and issues have finally pushed some long-time supporters to shake their heads and step back. Wedbush Securities finally decided to “[throw] in the white towel” last month lowering guidance from outperform to neutral, after April’s […]

Tesla’s Problems Add Up to a ‘Code Red Situation,’ Says Once-Bullish Analyst

Tesla’s stock rout following this month’s $2.4 billion capital raise intensified after a once-bullish analyst called the range of issues facing the electric-car maker a “code red situation.” The shares have dropped in nine of the last 10 trading days, a stretch that started the day Tesla closed offerings of new stock and convertible bonds […]

Latest Fatal Tesla Crash Involves Autopilot System

A Tesla Inc. Model 3 involved in a March 1 fatal crash in Florida was being driven by the vehicle’s semi-autonomous Autopilot system, and the driver’s hands weren’t on the steering wheel, according to the National Transportation Safety Board. The driver was killed when the car slammed into the side of a semi-truck that was […]

Ford Recalls 270,000 Vehicles

Ford is recalling over a quarter of a million vehicles in North America after discovering a flaw that could lead to the cars rolling away. Two vehicles are included in the recall: 270,000 Ford Fusion cars equipped with a 2.5-liter engine that were made between 2013 and 2016 and 2,500 2019 Ford Ranger trucks. The […]

Tesla Stock Plunged Due to Fear of Auto Tariffs from China

The re-escalation of the U.S.-China trade war is hitting Tesla Inc. shares hardest among major automakers, with investors betting it won’t be long before cars crossing the two countries’ borders are again subject to bigger tariffs. Tesla plunged as much as 6.3% to $224.50, the lowest intraday since January 2017, after China defied U.S. President […]

Waymo, Alphabet’s Self-Driving Taxi Service, Takes the Slow Lane to Customer Acquisition

The first major self-driving taxi service needed six months to reach 1,000 customers, another sign that growth may be slow as companies try to build businesses around autonomous vehicles. Waymo, the self-driving project owned by Alphabet, announced on Tuesday that it has enrolled 1,000 customers for its ride-hailing service in suburban Phoenix. Chief Executive Officer […]