Ford’s new Mustang Mach-E is positioned against the Tesla Model Y. Both cars have similar features, but Ford enjoys a huge price advantage. The arrival of competitors threatens the profitability of Tesla. Elon Musk has never been afraid of competition. In fact, he has stated on multiple occasions that the mission of Tesla is “to…
General Electric posted upbeat Q3 earnings. Free cash flow, an efficiency indicator, amounted to $650 million. Improving fundamentals suggest that the stock may have found a bottom. General Electric (NYSE:GE) is surging. The company is slowly becoming an example of how to turn a struggling industrial giant into a powerhouse. GE’s resurgence can be largely…
After a trying month due to labor disputes, American automaker General Motors (NYSE:GM) looks likely to be on the upswing ahead of it’s Oct. 29 Q3 results. GM seems to be in the final stages of wrapping up a deal with the United Auto Workers union, which has helped the stock recoup some of the…
