Uber Hires Tesla Veteran Who Was Previously Laid Off By Elon Musk: Report
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 20 2024
0mins
Should l Buy F?
Source: Benzinga
New Appointment at Uber: Uber has hired former Tesla executive Rebecca Tinucci as the global head of sustainability to oversee its transition to electric vehicles, aiming for a zero-emissions platform by 2040.
Tinucci's Background and Impact: At Tesla, Tinucci was instrumental in expanding the Supercharger network through partnerships with major automakers, which is expected to benefit her new role at Uber.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy F?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on F
Wall Street analysts forecast F stock price to rise
14 Analyst Rating
3 Buy
10 Hold
1 Sell
Hold
Current: 12.440
Low
11.00
Averages
13.65
High
16.00
Current: 12.440
Low
11.00
Averages
13.65
High
16.00
About F
Ford Motor Company is an automobile company. The Company develops and delivers Ford trucks, sport utility vehicles, commercial vans and cars, and Lincoln luxury vehicles, along with connected services. The Company’s segments include Ford Blue, Ford Model e, Ford Pro, and Ford Credit. The Ford Blue segment primarily includes the sale of Ford and Lincoln internal combustion engine (ICE) and hybrid vehicles, service parts, accessories, and digital services for retail customers. The Ford Model e segment primarily includes the sale of its electric vehicles, service parts, accessories, and digital services for retail customers. The Ford Pro segment primarily includes the sale of Ford and Lincoln vehicles, service parts, accessories, and services for commercial, government, and rental customers. The Ford Credit segment consists of the Ford Credit business on a consolidated basis, which is primarily vehicle-related financing and leasing activities. Its vehicle brands are Ford and Lincoln.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Ford Recalls 1.4 Million F-150 Trucks Due to Gear Shift Issue
- Massive Recall: Ford will recall approximately 1.4 million F-150 trucks from model years 2015 to 2017 in the U.S. due to a potential issue that may cause unexpected gear downshifts, demonstrating the company's commitment to consumer safety.
- Safety Investigation: The National Highway Traffic Safety Administration (NHTSA) indicated that a loss of signal between the transmission range sensor and the powertrain control module could lead to the transmission unexpectedly downshifting into second gear, increasing the risk of accidents.
- Reported Injuries and Accidents: Ford is aware of two injuries and one accident potentially related to this issue, highlighting the serious threat this defect poses to driving safety and necessitating urgent action from the company.
- Free Software Update: Following an expanded safety investigation by NHTSA, Ford will provide dealers with free software updates for the powertrain control module to address the issue, aiming to restore consumer trust in the brand.
See More
FORD MOTOR COMPANY TO RECALL 1,392,935 VEHICLES IN THE U.S., SAYS NHTSA
Recall Announcement: Ford Motor Company is recalling 1,392,935 vehicles in the U.S. due to safety concerns.
Safety Issue: The recall is linked to a potential defect that could affect vehicle performance and safety.
See More
FORD MOTOR COMPANY ISSUES RECALL FOR SELECT U.S. VEHICLES DUE TO UNEXPECTED DOWNSHIFTING INTO SECOND GEAR, WHICH COULD LEAD TO LOSS OF CONTROL AND HIGHER CRASH RISK - NHTSA
Recall Announcement: Ford Motor Company is recalling certain U.S. vehicles due to an unexpected issue with downshifting into second gear.
Safety Concerns: The downshifting may lead to a loss of vehicle control, increasing the risk of a crash.
See More
Albemarle Shares Hit 52-Week High Amid Lithium Demand Surge
- Stock Surge: Albemarle Corp. (ALB) shares surged over 16% on Thursday, reaching a 52-week high of $215.34, reflecting the strong market performance driven by soaring lithium demand for electric vehicles.
- Demand Forecast: The company projects lithium demand will grow between 15% and 40% by 2026, primarily due to accelerating lithium-ion battery demand, indicating significant market potential for electric vehicles and energy storage systems in the coming years.
- Analyst Rating Upgrade: UBS raised Albemarle's price target from $220 to $230 while maintaining a 'Buy' rating, reflecting optimistic expectations for the company's future profitability and suggesting a potential upside of 6.7% in stock price.
- Retail Sentiment Shift: On Stocktwits, retail sentiment around ALB stock shifted from 'bullish' to 'extremely bullish' in the past 24 hours, indicating strong investor confidence in the company's future performance, with some users predicting shares could soar to $250.
See More
Microsoft and Stellantis Forge Strategic AI Partnership
- Strategic Partnership: Microsoft and Stellantis have established a five-year strategic partnership aimed at co-developing AI and cybersecurity tools, with plans to launch over 100 AI initiatives, significantly enhancing technological competitiveness in the automotive sector.
- Cloud Migration: Stellantis is shifting its primary tech focus to Microsoft's Azure cloud platform, aiming for a 60% reduction in its physical data center footprint by 2029, which will streamline operations through modernized infrastructure.
- Digital Security Enhancement: The partnership integrates AI-driven analytics across manufacturing sites and connected vehicles to counter emerging cyber threats, thereby protecting the privacy of millions of drivers and enhancing brand trust.
- Positive Market Reaction: Microsoft's stock has surged 10% over the past three days, marking its strongest short-term rally since 2020, with analysts suggesting this indicates growing market confidence in AI integration.
See More
U.S. Stock Futures Rise, Four Key Stocks to Watch
- Ford's New Organization: Ford Motor Company has announced the creation of a new end-to-end organization called Product Creation and Industrialization, which combines its advanced technology and global industrial teams, aiming to scale next-generation vehicles and software while targeting an 8% adjusted EBIT margin by 2029.
- Boeing's Hiring Surge: Boeing is ramping up hiring at its fastest pace since 2024, bringing on approximately 100 to 140 factory workers each week, reflecting strong demand linked to expanded assembly lines and upcoming aircraft programs, with its Pacific Northwest workforce now exceeding 34,000.
- Eli Lilly's Label Expansion: Eli Lilly plans to seek a label expansion for its newly approved weight loss pill, Foundayo, in Q2, based on successful results from its Phase 3 ACHIEVE-4 trial, which evaluated Foundayo against insulin glargine in adults with type 2 diabetes.
- PepsiCo's Improved Results: PepsiCo's stock rose 0.69% as its convenient food segment showed improved results in Q1, following a commitment last December to lower some prices, highlighting effective execution of its global brand restaging and innovation initiatives.
See More
Ford Recalls 1.4 Million F-150 Trucks Due to Gear Shift Issue
- Massive Recall: Ford will recall approximately 1.4 million F-150 trucks from model years 2015 to 2017 in the U.S. due to a potential issue that may cause unexpected gear downshifts, demonstrating the company's commitment to consumer safety.
- Safety Investigation: The National Highway Traffic Safety Administration (NHTSA) indicated that a loss of signal between the transmission range sensor and the powertrain control module could lead to the transmission unexpectedly downshifting into second gear, increasing the risk of accidents.
- Reported Injuries and Accidents: Ford is aware of two injuries and one accident potentially related to this issue, highlighting the serious threat this defect poses to driving safety and necessitating urgent action from the company.
- Free Software Update: Following an expanded safety investigation by NHTSA, Ford will provide dealers with free software updates for the powertrain control module to address the issue, aiming to restore consumer trust in the brand.
See More
FORD MOTOR COMPANY TO RECALL 1,392,935 VEHICLES IN THE U.S., SAYS NHTSA
Recall Announcement: Ford Motor Company is recalling 1,392,935 vehicles in the U.S. due to safety concerns.
Safety Issue: The recall is linked to a potential defect that could affect vehicle performance and safety.
See More
FORD MOTOR COMPANY ISSUES RECALL FOR SELECT U.S. VEHICLES DUE TO UNEXPECTED DOWNSHIFTING INTO SECOND GEAR, WHICH COULD LEAD TO LOSS OF CONTROL AND HIGHER CRASH RISK - NHTSA
Recall Announcement: Ford Motor Company is recalling certain U.S. vehicles due to an unexpected issue with downshifting into second gear.
Safety Concerns: The downshifting may lead to a loss of vehicle control, increasing the risk of a crash.
See More
Albemarle Shares Hit 52-Week High Amid Lithium Demand Surge
- Stock Surge: Albemarle Corp. (ALB) shares surged over 16% on Thursday, reaching a 52-week high of $215.34, reflecting the strong market performance driven by soaring lithium demand for electric vehicles.
- Demand Forecast: The company projects lithium demand will grow between 15% and 40% by 2026, primarily due to accelerating lithium-ion battery demand, indicating significant market potential for electric vehicles and energy storage systems in the coming years.
- Analyst Rating Upgrade: UBS raised Albemarle's price target from $220 to $230 while maintaining a 'Buy' rating, reflecting optimistic expectations for the company's future profitability and suggesting a potential upside of 6.7% in stock price.
- Retail Sentiment Shift: On Stocktwits, retail sentiment around ALB stock shifted from 'bullish' to 'extremely bullish' in the past 24 hours, indicating strong investor confidence in the company's future performance, with some users predicting shares could soar to $250.
See More
Microsoft and Stellantis Forge Strategic AI Partnership
- Strategic Partnership: Microsoft and Stellantis have established a five-year strategic partnership aimed at co-developing AI and cybersecurity tools, with plans to launch over 100 AI initiatives, significantly enhancing technological competitiveness in the automotive sector.
- Cloud Migration: Stellantis is shifting its primary tech focus to Microsoft's Azure cloud platform, aiming for a 60% reduction in its physical data center footprint by 2029, which will streamline operations through modernized infrastructure.
- Digital Security Enhancement: The partnership integrates AI-driven analytics across manufacturing sites and connected vehicles to counter emerging cyber threats, thereby protecting the privacy of millions of drivers and enhancing brand trust.
- Positive Market Reaction: Microsoft's stock has surged 10% over the past three days, marking its strongest short-term rally since 2020, with analysts suggesting this indicates growing market confidence in AI integration.
See More
U.S. Stock Futures Rise, Four Key Stocks to Watch
- Ford's New Organization: Ford Motor Company has announced the creation of a new end-to-end organization called Product Creation and Industrialization, which combines its advanced technology and global industrial teams, aiming to scale next-generation vehicles and software while targeting an 8% adjusted EBIT margin by 2029.
- Boeing's Hiring Surge: Boeing is ramping up hiring at its fastest pace since 2024, bringing on approximately 100 to 140 factory workers each week, reflecting strong demand linked to expanded assembly lines and upcoming aircraft programs, with its Pacific Northwest workforce now exceeding 34,000.
- Eli Lilly's Label Expansion: Eli Lilly plans to seek a label expansion for its newly approved weight loss pill, Foundayo, in Q2, based on successful results from its Phase 3 ACHIEVE-4 trial, which evaluated Foundayo against insulin glargine in adults with type 2 diabetes.
- PepsiCo's Improved Results: PepsiCo's stock rose 0.69% as its convenient food segment showed improved results in Q1, following a commitment last December to lower some prices, highlighting effective execution of its global brand restaging and innovation initiatives.
See More
