The EV Market That 'Sucks'
Express News | Ford Mustang short-term rental business will be launched in Guangzhou and Shenzhen in December.
Trump's Post-Election Rally Fades, Dollar Surges To Over 1-Year Highs, Powell Puts December Interest Rate Cut Into Question: This Week In The Market
Catalyst Watch: Nvidia Earnings, Microsoft Ignite, Crypto Confidence, and P&G Event
What's Going On With General Motors Today?
Ford (F) Post Q3 Earnings: Buy, Sell, or Hold?
Ford and Alianza De Futbol Team Up for Another Year of Ford Qué Golazo De Grants Program to Support Hispanic Youth Soccer Players
GM Plans Job Cuts to Salaried Staff; Issues Recall on Turbo-engine Trucks and SUVs
Daily short sale tracking: Nu Holdings's short volume increased by 8 million, with a short sale ratio of 15%
Nu Holdings(NU.US) ranked top of the list had the largest change in short volume (8.88 million shares), and the short volume ratio of Sumitomo Mitsui Financial(SMFG.US) reached 41.5%. See more about the top 10 list of short selling volume changes in the latest trading day of the US stock market.
Tesla to Fare Well Despite Trump Plan to Eliminate EV Tax Credit, Wedbush Says
Tesla Stock Rebounds. Wall Street Is Weighing EV Tax Credit Changes. -- Barrons.com
Express News | The usa National Highway Traffic Safety Administration: Ford is recalling 27,678 vehicles in the usa.
Express News | Ford Is Recalling 27,678 U.S. Vehicles - NHTSA
The 'Trump trade' of the 2016 version completely reversed afterwards, what about this time?
After Trump's election victory, the US dollar, US stocks, and small cap stocks usually tend to strengthen. However, during Trump 1.0, from 2016 to 2020, the US dollar and small cap stocks performed poorly, failing to rise as expected, while the rise in US stocks was mostly attributable to the strength of technology stocks. Analysis suggests that the 'Trump trade' is not the same as 'Trump investment', it is more of a short-term market reaction rather than a long-term trend.
Trump's termination of electric car subsidies is actually a "big bullish" for Tesla!
In the usa, directly purchasing Tesla autos does not qualify for the full subsidy, and canceling the subsidy will bring greater losses to Tesla's competitors.
"How long can the Trump trade continue?"
Compared to other presidential candidates, the impact of Trump's victory is unique, but Wall Street should also be wary of the fading of this effect.
Ford agrees to pay a fine of 0.165 billion dollars to end the investigation related to autos recall.
On November 15, Glonghui reported that the National Highway Traffic Safety Administration (NHTSA) of the usa stated that ford motor agreed to pay a fine of $0.165 billion to conclude the investigation into its slow or inaccurate recall action. The NHTSA said that the fine amount is the second largest fine record in the department's history. According to the report, ford agreed to initially pay NHTSA $65 million, spend an additional $45 million to make the business compliant with regulatory requirements, and the remaining $55 million will be classified as deferred expenses.
"Trump trade" remains popular, but how much longer can it last.
Stocks, bonds, and other assets are already expensive relative to historical levels. Trump's trade protectionism policy may lead to a resurgence of inflation and force the Federal Reserve to maintain interest rates at high levels for a longer period of time. In addition, the US economy is facing continuously expanding fiscal deficits and a labor market that is already showing signs of fatigue, which could put pressure on the economic growth outlook.
24-hour global political and economic news overview | November 15.
Global hotspots targeting
The Trump team plans to cancel the $7,500 electric car tax credit, causing a sharp drop in electric car stocks.
The Trump team is considering canceling the $7,500 electric vehicle subsidy policy to fund its tax reduction plan. This policy is one of the measures adopted by the Biden administration to combat inflation. Trump supporters and the oil industry hope to cancel electric vehicle tax incentives, while the auto industry groups are calling for retention. Musk believes that canceling the subsidy policy will not have a significant impact on Tesla, but will rather cause more trouble for competitors. Electric vehicle stocks plummet, with Tesla down 5.77% and "Tesla rival" Rivian down 14.3%.