Anan Ashraf | January 13, 2025
Dearborn-based Ford Motor Co. (NYSE:F) sold 51,745 Mustang Mach-E SUVs in the U.S. last year, trumping the sales numbers of its gas-powered counterpart Mustang for the first time since the EV’s sales commenced in late 2020. What Happened: In the last quarter of 2020, Ford sold three units of the electric Mach-E and officially commenced […]
Anan Ashraf | December 30, 2024
The Future Fund LLC Managing Partner Gary Black on Sunday urged investors to do their own research instead of relying on comments from company management before making investment decisions. What Happened: The Achilles heel of many smart investors is they accept what company managements tell them rather than do their own independent research. Black said […]
Anan Ashraf | December 16, 2024
Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) CEO Sundar Pichai named Tesla Inc (NASDAQ:TSLA) as the main competitor to its autonomous driving unit Waymo in an interview earlier this month. What Happened: Pichai said at The New York Times DealBook summit on Dec. 4 that Waymo aims to be in 10 cities in the U.S. next year. The […]
Anan Ashraf | August 7, 2024
Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk on Tuesday reiterated the company’s intent to make its latest offering- the Cybertruck- more affordable in the future. What Happened: “It’s a great truck,” Musk wrote on social media platform X. “We need to make it more affordable in the years to come.” It’s a great truck. We need […]