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Tesla to be Added to the S&P 500 Index

WIL BALDWIN November 16, 2020

Tesla (Nasdaq: TSLA) will be joining the S&P 500 index, expanding its investor base and putting the electric car maker in the same company as market behemoths such as Alphabet, Amazon.com, Apple, and Microsoft. The…

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Mercedes-Benz Berlin Plant Boss to Join Tesla

WIL BALDWIN November 11, 2020

FRANKFURT (Reuters) - The head of the Berlin engine plant run by Mercedes-Benz has defected to rival Tesla <TSLA>, German union IG Metall said on Wednesday, calling on employees to protest over his departure. IG…

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VW Not Seeking Deal With Tesla – CEO Diess

WIL BALDWIN September 7, 2020

FRANKFURT, Sept 7 (Reuters) - Volkswagen's Chief Executive Herbert Diess on Monday sought to quell speculation that the world's largest carmaker, which is on a mass production push for electric cars, has plans to develop…

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Ford Announces Goal to Donate 100 Million Masks

WIL BALDWIN September 4, 2020

- New Documentary Celebrates Workforce Response to Covid-19 https://youtu.be/lYHgV2u1T2Y DEARBORN, Michigan, Sept. 4, 2020 – Following completion of its 50,000th ventilator to help clinicians treat COVID-19 patients, Ford is pivoting to target production of 100 million…

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Ford GT Heritage Edition Celebrate Storied 1966 Daytona Win

WIL BALDWIN August 20, 2020

2021 Ford GT Heritage Edition inspired by the GT40 MK II’s 1966 Daytona 24 Hour Continental race victory! - Ford Performance unveils new Ford GT Heritage Edition inspired by the 1966 Daytona 24 Hour Continental,…

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Tesla Reports Q2 Profit, Announces Texas Gigafactory

WIL BALDWIN July 26, 2020

Tesla (TSLA) posted a surprise second-quarter profit last week on cost cutting and strong deliveries, offsetting the effects of its Covid-19 related factory shutdowns. The report may help the electric vehicle manufacturer gain inclusion into…

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Tesla Negotiating for Possible Texas Vehicle Assembly Plant

WIL BALDWIN June 15, 2020

(Reuters) - Electric carmaker Tesla Inc is negotiating possible incentives with a Texas county that could bring a new auto assembly plant to the area near Austin, the state capital, the Austin American-Statesman reported on…

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Tesla Cuts Prices up to 6% in North America to Boost Demand

WIL BALDWIN May 27, 2020

A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York Tesla Inc <TSLA> has cut prices of its electric vehicles by as much as 6% in North America…

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Panasonic to Resume New York Tesla Production Wednesday

WIL BALDWIN May 20, 2020

Panasonic Corporation (OTC: PCRFY) is looking to restart production at Tesla Inc.'s (NASDAQ: TSLA) New York manufacturing plant on Wednesday, the Verge reported Tuesday. What Happened The Japanese electronics giant will spend the first two days performing equipment checks, and standard manufacturing…

Ferrari Extends Italian Plant Closures to April 14

WIL BALDWIN March 27, 2020March 27, 2020

MILAN (Reuters) - Luxury carmaker Ferrari <RACE> said on Friday it would extend the shutdown of its two Italian plants and reopen on April 14, provided it had supplies, and update 2020 forecasts in May…