Tesla shares soared Thursday before the automaker said it delivered about 90,650 vehicles in the second quarter, easily beating Wall Street expectations as sales by the electric car maker weathered the economic downturn better than the most competitors. Analysts had expected Tesla to deliver about 72,000 vehicles in the past …
Read More »Ford’s second-quarter sales drop 33.3% on coronavirus, housewife orders
A Ford Motor employee inspects the new 2020 Ford Explorer before it goes off the line to ensure the quality of our customers. Ford Ford Motor reported Thursday that its second-quarter US vehicle sales fell 33.3%, in line with industry expectations, as the coronavirus caused consumers to stay home and …
Read More »Tesla Vehicle Delivery and Production Numbers (TSLA) Q2 2020
Tesla shares soared in premarket trading on Thursday after the automaker said it delivered approximately 90,650 vehicles in the second quarter, easily beating Wall Street expectations as sales by the electric automaker held back. the economic downturn better than most of the competitors. Analysts had expected Tesla to deliver about …
Read More »Court suspends meeting between GM and Fiat Chrysler over RICO lawsuit
General Motors President and CEO Mary Barra addresses the meeting on Wednesday, June 3, 2020 during a press conference of corporate leaders speaking out against racism and injustice at Detroit, Michigan City Hall. GM A federal appeals court temporarily suspended a judge-ordered meeting between General Motors CEO Mary Barra and …
Read More »Top CEOs See Persistent Coronavirus Impact Until At Least 2021
General Motors President and CEO Mary Barra tours an April 1, 2020 facility at the company’s Warren, Michigan facility that will produce Level 1 face masks. GM CEOs of the nation’s largest companies hope that the commercial impact of the coronavirus will persist until at least the end of 2021. …
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