Ferrari NV

Tesla’s stock price closed at a record high of $492 on Wednesday. While the stock gained about 74% in the fourth quarter, it has risen 18% YTD.

Tesla (TSLA) CEO Elon Musk has been prepping the company for Model 3 production and deliveries from its Gigafactory 3 in China.

Tesla stock had quite a year in 2019. Tesla went from loss to profit, and from lower deliveries to record deliveries. What lies ahead for 2020?

Tesla (TSLA) stock has been a Wall Street favorite since the company’s earnings release. The stock is up by 49% quarter-to-date.

Tesla (TSLA) has gone big on the Model Y, announcing a new Gigafactory in Germany. CEO Elon Musk announced it at an award function on Tuesday.

Is Tesla (TSLA) stock getting overvalued? This is one of the crucial questions that investors face in the current scenario.

In the third quarter, some prominent institutions raised their stakes in Tesla stock. Here’s why it’s no surprise that institutions are grabbing the stock.

Yesterday, Bloomberg reported that Adam Capital scrapped its short position on Tesla (TSLA). Are Tesla bears running out of arguments?

Tesla (Tesla) got the top score of CT-1 from Moody’s on the transition readiness to a low-carbon future. Moody’s rated automakers from CT-1 to CT-9.

Tesla (TSLA) has been on a rising spree since its earnings. In October, Tesla stock surged by 31%. The stock rose on the back of third-quarter profits.

Tesla stock has risen 23% since the company’s October earnings release, bringing trouble for short sellers such as David Einhorn’s Greenlight Capital.

Tesla is up 31% in October amid market recovery and better-than-expected earnings. However, Wall Street doesn’t seem that excited about the stock.

Automakers have effectively split in their support of a particular set of emission regulations, pitting large automakers Ford and GM against one another.

Tesla’s (TSLA) revenue mix has changed in the third quarter. Let us review whether this could bring good or bad news for Tesla stock.

Tesla has just begun trial production of the Model 3 at its Shanghai Gigafactory 3. However, it’s set to face stiff competition from Volkswagen.

Tesla stock rose after it reported a surprise profit in the third quarter. Several analysts have since raised their price targets, but some have concerns.

Tesla (TSLA) stock has jumped 18% on its surprise profit in its Q3 results. CNBC’s Jim Cramer seemed impressed by Tesla’s Gigafactory 3 in China.

Tesla (TSLA) stock spiked 20% after hours yesterday following its Q3 earnings release. J.P. Morgan and RBC raised their price targets on TSLA.

In a surprising move, a bullish Tesla investor has sold massive quantities of Tesla stock this month, according to Business Insider.

ValuEngine has downgraded Ford Motor Company (F) stock from “sell” to “strong sell,” according to a Covington Journal report.

Auto stocks have been slumping in October. Ford (F) and General Motors (GM) have fallen by 6.6% and 8.9%, respectively, month-to-date.

Ford stock has gained about 12% year-to-date as of October 8. It’s been on a downtrend, however, since it released its second-quarter earnings results.

Ford started producing its electrified vehicle Ford Puma at its Craiova manufacturing site in Romania. The new Puma is a mild hybrid and SUV-inspired crossover.

Ford Motor Company (F) stock has slumped in October. The stock also fell in September. The consistent fall in the stock has boosted its dividend yield.

Auto industry stocks fell in the first week of October. Weaker third-quarter sales, lower equity markets, and recession fears hammered the stocks.

Ford Motor (F) stock has fallen sharply by 4.9% in the initial few days of October. The current month’s slump follows the previous month’s drop.

While Barclays has cut its price target on General Motors stock from $51 to $48, UBS has raised its price target on the stock from $46 to $47.

Leading automakers Ford Motor (F), General Motors (GM), and Fiat Chrysler (FCAU) released their third-quarter US auto sales numbers yesterday.

Buckingham Research Group cut its target price on Ford (F) stock from $9 to $8. The firm maintained its “neutral” rating on Ford stock.

Tesla’s (TSLA) Gigafactory 3 in China is set to begin production in the next few months and ramp up to normal production levels in mid-2020.

Automaker stocks have seen mixed performances in September. While Ford, General Motors, Tesla, and Fiat Chrysler have risen, Ferrari has declined.

General Motors’ (GM) troubles seem to be increasing. The UAW (United Automobile Workers) called for a strike, which would impact thousands of workers.

Ford plans to launch eight electric vehicles in Europe this year. The automaker aims to get most of its European revenue from electric cars by 2022.

Although automakers’ stocks posted mixed performance figures in July, they slumped in August. So far in September, they have been recovering.

Ford Motor Company (F) has agreed to sell its plant in São Bernardo do Campo, Brazil, to Carlos Alberto Oliveira Andrade, according to a Reuters report.

The short interest in Ford (F) stock has risen from 3.08% of its outstanding shares on July 1 to the current level of 3.14%.

Ferrari (RACE) stock has had a fantastic run this year. The stock rose by 59% year-to-date, which is highest among its peers.

General Motors (GM) has fallen to third place on UAW (United American Workers) employment, according to Bloomberg.

Analysts have started liking Ford stock. Most of the analysts still rate Ford stock as a “hold,” but more analysts like the stock.

Changes in Ford’s China leadership are in the wings, as Nigel Harris plans to retire after 34 years. Steven Armstrong is slated to succeed Harris.

Ford’s dividend yield has risen steeply to 6.8% due to the stock’s decline. The stock fell in line with the crashing equity market.

Today, the S&P 500 Index opened 0.5% lower amid reports that China would impose tariffs on $75 billion of US goods—intensifying the US-China trade war.

Ford (F) stock has slumped 5.1% in August amid criticism from President Trump, rising trade tension, and the bond yield curve inversion.

Vanguard has the highest institutional holdings in Ford. According to Reuters, Vanguard bought 3.95 million shares in the second quarter.

General Motors slumped 6.6% from August 12 to August 16. GM stock wasn’t the only one to plunge in the week. Other auto stocks also sank.

Ford stock fell 5.2% last week. The fall extended the stock’s decline to 13.3% since its second-quarter results on July 24.

General Motors (GM) and Ford (F) stocks have been impacted by the companies’ dull second-quarter earnings. Let’s look at what analysts think.

Auto stocks and the US equity market slumped with fresh fears of an economic recession. Today, the Dow Jones Industrial Average fell more than 600 points.

Ford Motor Company (F) has slumped 7.7% since its second-quarter earnings release on July 24. Its peers have fallen in the same period.

Ferrari (RACE) stock was down 2.4% as of 1:23 PM ET today. The luxury sports car maker reported strong second-quarter results today.

The Department of Labor released the July jobs report on Friday morning. Amid the trade tensions, the July jobs report brought relief.

On Thursday, President Trump announced an additional 10% tariff on the remaining $300 billion goods and products coming from China.

Auto industry majors Ferrari (RACE), Fiat Chrysler Automobiles (FCAU), and General Motors (GM) are all set to report their second-quarter earnings this week.

Italian luxury carmaker Ferrari (RACE) continued to trade on a strong bullish note last week. In the week ended June 21, its stock rose by 6.1%, registering its highest weekly gains in the last 20 weeks. Ferrari is the only auto company that has ended all months of 2019 so far in the positive territory.

Last week, the Italian-American automaker Fiat Chrysler (FCAU) surged by 4.7%, much higher than its 0.5% rise in the previous week. As of June 24, Fiat Chrysler has gone up by 7.2% year-to-date, underperforming its direct peers such as General Motors (GM) and Ford (F). GM and Ford have gone up by 10.5% and 30.1% in 2019 so far.

As of May 8, Ferrari’s (RACE) forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple was 19.7x.

In the first quarter, Ferrari (RACE) reported a 14.3% YoY rise in its adjusted EBITDA to 311 million euros.

In the first quarter, Ferrari’s (RACE) shipments to China, Taiwan, and Hong Kong surged 79.2% YoY.

Ferrari (RACE) is scheduled to announce its first-quarter results on May 7. On April 25, Ferrari stock settled at $135.56.

On April 23, Harley-Davidson’s (HOG) forward EV-to-EBITDA (enterprise value-to-EBITDA) multiple was 12.0x.

This month, most auto stocks have outperformed the broader market.

NIO sold 1,803 car units in January 2019. The figure reflected an ~84.1% fall from the company’s car deliveries of 11,348 units in December.

So far, 2019 is proving to be great for NIO (NIO) investors. The stock ended in the positive territory for the second consecutive month in February.

On February 21, 2019, NIO’s (NIO) forward PBV (price-to-book value) ratio was 35.2x based on its estimated book value for the next 12 months.

On January 31, Italian luxury carmaker Ferrari (RACE) released its fourth-quarter and 2018 earnings results before the market opened.

On Wednesday, after the market closed, the second-largest US automaker, Ford Motor Company (F), released its fourth-quarter and full-year 2018 earnings results.

America’s second-largest automaker, Ford (F), is set to release its fourth quarter of 2018 earnings after the market closes today.

In the third quarter, Ford reported adjusted EPS of $0.29, ~32.6% lower than its adjusted EPS of $0.43 in the third quarter of 2017.

Ford Motor Company (F) is set to release its fourth-quarter earnings results on January 24.

In the week that ended on January 18, the stock of popular electric carmaker Tesla fell 13.0%, its worst weekly loss in the last 22 weeks.

Early this morning, before the market opened, Musk revealed that TSLA is reducing its full-time workforce by 7%.

This morning, CEO Elon Musk, in a post on Tesla’s official blog, announced that Tesla is laying off 7% of its full-time employees.

January 18 is turning out to be a terrible day for Tesla (TSLA) investors.

This morning, Tesla (TSLA) made a big announcement that is likely to make its stock highly volatile today.

At 6:46 AM EST on January 18, Tesla (TSLA) shares fell 8.4% in the pre-market session from the previous day’s closing.

Ferrari stock (RACE) has fallen ~7.5% this month after falling 14.5% in October.

In the week that ended on November 16, the broader market turned negative again, erasing most of its post-midterm election gains.

45% of analysts covering Ferrari (RACE) gave its stock “buy” recommendations.

As of November 5, Ferrari’s (RACE) forward EV-to-EBITDA multiple was 16.9x.

In the third quarter, Ferrari reported shipments of about 1,005 car units to the EMEA (Europe, the Middle East, and Africa) segment.

In the third quarter, Ferrari (RACE) reported net revenue of 838 million euros, or ~$956 million.

At 10:10 AM EST, Tesla stock was trading at a fall of 4.6% from the previous session. But the bulls aren’t ready to give up.

In Q2 2018, Ferrari (RACE) reported adjusted EPS of 0.84 euros (or $0.98), 17.0% higher than its adjusted EPS of 0.72 euros in Q2 2017.

Ferrari (RACE) plans to release its Q3 2018 earnings on November 5. Ferrari stock has dropped 16% in the quarter through October 29.

Ford Credit is the financial services subsidiary of Ford Motor Company. It offers a wide variety of automotive financing services to its dealers and customers.

Ford’s forward PE multiple was 6.4x, which is higher than GM’s at 5.5x and FCAU’s at 4.2x but lower than Toyota’s (TM) at 7.8x.

Harley-Davidson (HOG) is set to release its Q3 2018 earnings on October 23. It’s one of the most popular motorcycle brands in the world.

In the auto industry, Ferrari (RACE) and Fiat Chrysler (FCAU) fell 8.8% and 5.3%, respectively, on October 10.

As of 12:30 PM EDT on October 10, the S&P 500 Index has fallen 1.4%, and the Dow Jones Industrial Average has fallen 1.4%.

According to recent data by Reuters, 57% of the analysts covering GM stock have given it a “buy” rating.

In the week ended September 21, Ferrari (RACE) stock continued to trade on a positive note for the second consecutive week.

Ford stock has fallen in five of the first eight months of 2018.

In the week ending September 14, Fiat Chrysler stock (FCAU) rose 5.7% and closed at $17.50. In the previous week, the stock registered 3.2% losses.

In the week that ended on September 7, Harley-Davidson (HOG) stock jumped 4.1% despite broader market weakness.

Last week, Fiat Chrysler stock (FCAU) rose 1.7% to close at $17.11.

In the previous part of this series, we explored how Wall Street analysts are rating the top two US auto giants, General Motors (GM) and Ford (F).

In the week that ended on August 10, mainstream automakers General Motors, Ford Motor Company, and Fiat Chrysler Automobiles saw falls.

Tesla (TSLA) has attracted enormous media coverage following Elon Musk’s idea of “taking Tesla private.” What does Moody’s say?

On August 3, Ferrari stock settled at $124.84, a 5.1% weekly loss. There was a sell-off in the stock after its Q2 earnings conference call.

According to the latest consensus data compiled by Reuters, 55% of analysts covering Ferrari (RACE) stock have given it a “buy” recommendation.