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January 26, 2022

Ford Motor Co

Ford signs five-year payments deal with Stripe for e-commerce drive

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CNBC – For more and to sign up click here A Ford F-150 pickup truck is offered for sale at a dealership on September 6, 2018 in Chicago, Illinois. Scott Olson | Getty Images Online payment processor Stripe has signed up Ford Motor Company as a customer, in a five-year......

Bill Ford is doubling down on Ford shares, and quietly amassing more control of his great-grandfather’s company in the process

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CNBC – For more and to sign up click here Incoming Ford CEO Jim Farley (left) and Ford Executive Chairman Bill Ford Jr. pose with a 2021 F-150 during an event Sept. 17, 2020 at the company’s Michigan plant that produces the pickup. Michael Wayland | CNBC DETROIT – Ford......

Jim Cramer’s 2022 outlook for the S&P 500’s 10 biggest winners last year

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CNBC – For more and to sign up click here CNBC’s Jim Cramer on Monday shared his thoughts on how the S&P 500‘s 10 biggest winners in 2021 will perform in 2022. “The biggest takeaway should be the remarkable resurgence of the oils. Just as important, I think many of......

Ford beats out Tesla to become the auto industry’s top growth stock in 2021

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CNBC – For more and to sign up click here The all-electric Ford F-150 Lightning truck during an augmented reality presentation at the Motor Bella Auto Show in Pontiac, Michigan, on Tuesday, Sept. 21, 2021. Emily Elconin | Bloomberg | Getty Images DETROIT – Shares of Ford Motor soared by......

Tesla delivered 936,172 electric vehicles in 2021, with the fourth-quarter setting a new record

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CNBC – For more and to sign up click here Visitors looking at a China-made Tesla Model Y electric vehicle at the Auto Shanghai 2021 show in Shanghai, China, on April 27, 2021. Qilai Shen | Bloomberg | Getty Images Tesla said on Sunday that it delivered more than 308,000 electric......

From the F-150 Lightning to Rivian, here are the 11 hottest electric vehicles coming out in 2022

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CNBC – For more and to sign up click here Tesla is still the world’s most dominant electric vehicle force, but competition is coming. The world’s most valuable car company, with a market value north of $930 billion, outpaced all other automakers in electric vehicle sales through the first three......

From SPACs to chips: Five ways 2021 may have forever changed the auto industry

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CNBC – For more and to sign up click here The “2021” numerals were towed into Times Square last December by the Kia Sorento SUV after a cross-country road-trip that started at the automaker’s U.S. headquarters in Irvine, California, and covered more than 5,500 miles with stops in 15 states.......

Morgan Stanley picks ‘regional champions’ and stocks most pressured by the supply chain crisis

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CNBC – For more and to sign up click here Cargo containers sit stacked on a ship on November 22, 2021 in Bayonne, New Jersey. Spencer Platt | Getty Images Morgan Stanley said most acute supply chain disruptions are already easing and will be more fully resolved within the first......

EV stocks soared on hype in 2021 — investors are betting 2022 will bring actual revenue

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CNBC – For more and to sign up click here Rivian electric trucks are seen parked near the Nasdaq MarketSite building in Times Square on November 10, 2021 in New York City. Michael M. Santiago | Getty Images If 2021 was the year for electric vehicle stocks, 2022 is the......

Jim Cramer: Micron practically carried ‘the whole market on its back’ Tuesday after its strong quarter

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CNBC – For more and to sign up click here Wall Street rallied sharply Tuesday, snapping a three-day losing streak, and CNBC’s Jim Cramer believes the quarterly results from Micron Technology played a part in changing market sentiment — at least for one session. “Because Micron’s in everything, the positive......

SEC cracks down on SPAC claims as electric-truck maker Nikola agrees to pay $125 million to settle fraud charges

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CNBC – For more and to sign up click here Trevor Milton CEO of Nikola Massimo Pinca | Reuters Electric truck maker Nikola has agreed to pay the Securities and Exchange Commission $125 million to settle charges that it defrauded investors by misleading them about its products, technical capacity and......

Electric vehicle stocks tumble after Manchin rejects Biden’s climate and social plan

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CNBC – For more and to sign up click here The Rivian R1T on stage as a 2022 Truck of the Year Finalist at the LA Auto Show in Los Angeles, California on November 17, 2021. Frederic J. Brown | AFP | Getty Images Shares of electric vehicle companies tumbled......

Rivian confirms new $5 billion U.S. plant as EV reservations jump 28% to 71,000

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CNBC – For more and to sign up click here RJ Scaringe and team on opening day at Rivian’s manufacturing campus in Normal, IL. Source: Rivian Rivian Automotive confirmed plans Thursday to build a new vehicle assembly plant in Georgia, as the company begins production of a second electric vehicle......

Toyota to invest $35 billion into battery-powered EVs and roll out 30 models by 2030

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CNBC – For more and to sign up click here The Toyota Motor Corp. logo in the Toyota City Showcase exhibit at the company’s Mega Web car theme park in Tokyo, Japan, on Monday, Nov. 1, 2021. Kiyoshi Ota | Bloomberg | Getty Images Toyota, one of the world’s largest......

Morgan Stanley CEO says he was wrong on return-to-office push: ‘Everybody’s still finding their way’

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CNBC – For more and to sign up click here Morgan Stanley CEO James Gorman walked back an edict that employees should be back at the office by now and issued a new forecast for how long companies would delay the return. “I was wrong on this,” he told CNBC’s......

MP Materials CEO says GM partnership key to building EV supply chain in U.S.

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CNBC – For more and to sign up click here MP Materials CEO James Litinsky on Thursday touted the company’s new collaboration with General Motors, telling CNBC’s Jim Cramer it helps advance efforts to develop resilient electric vehicle supply chains in America. Earlier Thursday, the two companies announced a long-term......

GM CEO Mary Barra says electric Chevy Silverado will be ‘unmatched’

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CNBC – For more and to sign up click here General Motors CEO Mary Barra speaks during a visit of the US president to the General Motors Factory ZERO electric vehicle assembly plant in Detroit, Michigan on November 17, 2021. Mandel Ngan | AFP | Getty Images DETROIT – The......

Ford stops reservations for F-150 Lightning electric pickup due to strong demand, CEO tells Cramer

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CNBC – For more and to sign up click here (To sign up for the “CNBC Investing Club with Jim Cramer,” subscribe here.) Ford CEO Jim Farley said Thursday that interest in the automaker’s soon-to-launch F-150 Lightning electric pickup truck is so great that it had to stop taking reservations.......

Ford is doing ‘whatever it takes’ to double production capacity for electric F-150 pickup, says CEO

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CNBC – For more and to sign up click here Ford Motor CEO Jim Farley told CNBC on Tuesday the automaker is scrambling to meet the increasing interest in its soon-to-launch electric F-150 Lightning. “Our [production] capacity is about half of what the demand is,” Farley said an in interview......

Intel plans to take self-driving car unit public in the U.S. in mid-2022

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CNBC – For more and to sign up click here Mobileye’s CEO Amnon Shashua poses with a Mobileye driverless vehicle at the Nasdaq Market site in New York, July 20, 2021. Jeenah Moon | Reuters Intel has announced that it plans to list Mobileye, the Israeli autonomous driving firm it......

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