FORD MOTOR COMPANY
Tesla Cybertruck discontinued: Elon Musk suffers big setback after spending $446 million backing Republicans who lost in midterm
Cybertruck cancelled: Tech billionaire Elon Musk is facing new business challenges as Tesla plans to wind down Cybertruck production. After spending at least $446 million backing Republicans in the 2026 elections, Musk saw Democrats make major gains. House Democrats have also called for investigations into his work at DOGE and promised to scrutinize federal funding for his companies.
Tata Motors-Iveco will focus on building a global CV business: N Chandrasekaran
Tata Motors announced its acquisition of Iveco Group to enhance its global commercial vehicle operations. The $4.32 billion deal aims to improve growth and diversification rather than consolidation. This merger combines their strengths across different markets and technologies to increase revenue and sales volume. Both companies will collaborate on electric vehicles and components, leveraging Tata's extensive distribution network.
American companies brace for a pivot as US midterm elections get underway
US midterms: Corporate America is anticipating a potential shifts in Washington's power dynamics. Analysts predict that a strong Democratic showing could benefit sectors such as clean energy, housing and healthcare. Conversely, AI and defence stocks may face increased scrutiny from lawmakers.
Tesla shares slip as capex cut clouds Musk’s AI, robotics ambitions
Tesla's shares dipped by 2% after it reduced its capital spending forecast for 2026, now predicting $20 billion instead of the previous $25 billion. This move has raised eyebrows among investors, especially with Tesla's stock already down 14% this year. Yet, it still boasts a higher valuation than many traditional automakers. Meanwhile, potential merger talks with SpaceX hint at regulatory hurdles that might prolong uncertainty for investors.
Tesla drops as spending pullback clouds AI, robotics ambitions
Tesla shares took a hit after the company adjusted its capital spending forecast downward for 2026, raising eyebrows about the future of Elon Musk’s AI and robotics projects. Despite this, Tesla showed unexpected positive free cash flow due to lower-than-anticipated expenditures in Q3. Analysts foresee increased spending in upcoming years for major initiatives, yet investors tread carefully, particularly as they watch for developments in Tesla's relationship with SpaceX.
How Peter Lynch turned Fidelity Magellan Fund’s $18 million into $14 billion in 13 years
Peter Lynch is known for his invaluable stock market lessons. The market expert who built one of the best track records in mutual fund history during his stint as Fidelity Magellan fund manager, wrote the popular book ‘One Up on Wall Street’.
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China's Hesai launches spatial camera to boost AI-powered robotics adoption
The company introduced "Kosmo," a device resembling a wine bottle, that combines lidar sensors and cameras to help developers collect real-world spatial data more efficiently.
‘Productivity growth in consumer services is powering India’s rise’
Dani Rodrik highlights the relationship between ending poverty, boosting the global middle class, and addressing climate change. He emphasizes the importance of transitioning from manufacturing to services in the global economy. As digital technologies evolve, they enhance productivity in services and create equitable opportunities. The decline of the middle class threatens democracy, leading to political instability in many countries.
In 1967, Robert Kearns patented a windshield wiper that paused between sweeps; Ford later used the idea and paid him $10.2 million in 1990
In 1967, Robert Kearns invented the electronic intermittent wiper system, securing a patent for his innovative design. When Ford utilized his invention without proper acknowledgment in 1978, Kearns took legal action. A jury sided with him in 1990, awarding substantial damages. He subsequently pursued other auto manufacturers, emphasizing the importance of creators safeguarding their innovations and earning rightful recognition.
From pickups to idle plants: automakers seek lifeline from defence boom
Western automakers are increasingly looking at defense contracts as a way to boost revenues and utilize excess capacity. Companies like Ford, GM, and Jaguar Land Rover are bidding for military vehicle contracts. Despite these efforts, executives express skepticism about the financial impact on overall revenues. Automakers are offloading surplus factories to defense manufacturers due to the growing demand for military production.
US fuel economy standards: Trump admin set to roll out new regime for cars, light trucks
The Trump administration is set to announce relaxed fuel economy standards affecting gasoline cars and light trucks. These changes aim to lower mileage requirements, impacting automakers' pollution control measures. Secretary of Transportation Sean Duffy has said these new rules will enhance access to various gasoline vehicles.
China's manufacturing scale shows the path to first-world status
Insights from a Chinese factory reveal striking contrasts in wages and car ownership between India and China. China's triumph in manufacturing shines through its extensive production capacities across diverse industries. The article underscores the necessity of cultivating core sectors like steel and machinery for robust economic development. Additionally, local tech firms have flourished in the absence of foreign rivalry, offering distinctive products.
ET Prime Special Series: Multibagger or IBC - Part 77: This auto ancillary wants to double revenue by FY30. Execution to decide
A business can diversify in two ways: Slowly, by building new capabilities internally; or quickly, by acquisitions. This supplier has chosen the second route. It has expanded from a mechanical-only portfolio to a multi-discipline platform, doubled its manufacturing footprint, and added more than four alliances. The opportunity is obvious: A broader product basket and new global orders. The risk is equally important. The new businesses still have to prove that growth can translate into durable returns.
General Motors CEO Mary Barra to attend Trump's state dinner for Xi, sources say
General Motors CEO Mary Barra plans to attend a state dinner for Chinese President Xi Jinping this Thursday. US automakers, including GM, are expressing concerns about allowing Chinese manufacturers access to the market. Reports suggest Barra will attend alone, as Stellantis CEO Antonio Filosa is out of the country. Ford has not confirmed if CEO Jim Farley will join the dinner.
A Xi-Trump summit deal can throw US carmakers under the China bus
US automakers, suppliers and dealers are lobbying the Trump administration to keep Chinese carmakers out of the American market ahead of President Donald Trump’s meeting with Chinese President Xi Jinping. The push follows Trump’s comments that he would allow Chinese companies to build vehicles in the US if they employed American workers, raising concerns that Washington could offer market access as part of a broader trade deal. Industry groups representing major automakers have urged the administration to bar Chinese firms from selling, importing or manufacturing vehicles in the US, citing economic and national security risks.
Volkswagen overhaul puts Seat’s future at risk as Chinese rivals reshape global auto industry
Volkswagen's strategic overhaul may lead to the discontinuation of its Seat brand. This move signals significant industry consolidation amid rising Chinese competition. The company is focusing investment on its strongest and most profitable brands. Many automakers face difficult choices due to declining sales and EV transition costs. This upheaval is reshaping the global automotive landscape with fewer players.
In 1931, Henry Ford began investing in soybean research; 10 years later, he unveiled a plastic-bodied car that never reached mass production
Henry Ford explored using soybeans for industrial materials, leading to an experimental plastic car. This lightweight vehicle featured 14 molded panels attached to a steel frame. Ford envisioned agricultural products replacing some metals in manufacturing. World War II halted production before this innovative car could be mass-produced. The project remained an unusual chapter in Ford's long history of experimentation.
How Trump's war on EVs derailed America's auto-factory revival | Explained
US electric vehicle projects and jobs face setbacks due to policy shifts. Automakers canceled billions in investments and thousands of jobs were lost. Many affected states supported Donald Trump in the 2024 election. This situation contrasts with China and Europe's EV market growth. The industry now focuses on energy storage batteries and gasoline vehicles.
Trump says he would be OK with China building cars in US
President Donald Trump has expressed his willingness to permit Chinese automakers to set up production plants in the United States, provided they hire American workers. He clarified that he opposes the idea of these companies manufacturing vehicles in Mexico. With Japan already having established manufacturing operations in the US and employing local labor, Trump's statement comes amid considerable pushback from US lawmakers and domestic car manufacturers.
Is investing in stock market an art or science? What Peter Lynch says in 'One Up on Wall Street'
Legendary investor Peter Lynch believes successful stock-picking is more about logic than complex mathematics. In One Up on Wall Street, he explains why investors should ignore Wall Street noise, focus on company fundamentals and look for potential tenbaggers. Lynch also warns against relying on market predictions and investing without proper research.
Quote of the day by Henry Ford: 'If you don't think of the future, you won't have one.' Life lessons from inspiring quote on strategic thinking, goal setting, adaptability, complacency and challenges
Quote of the day by Henry Ford, “If you don't think of the future, you won't have one,” explains why planning, goal setting and preparation matter. The quote connects future thinking with action, adaptability and decision-making. Henry Ford’s life also shows how planning and innovation can shape business, production, workers, markets and society while failure can follow when leaders stop adapting.
Henry Ford owned more than 2,000 acres around his Michigan home. The estate later became a national historic landmark
Henry Ford's ambitious vision led him to acquire vast tracts of land near Dearborn, Michigan, to support his burgeoning automobile enterprise. Fair Lane, created on this land, harmoniously blended innovative architecture with lush gardens and advanced technology, including its own hydroelectric power plant. For many years, it was the Ford family's cherished residence. Today, this historical estate stands as a proud National Historic Landmark, preserving its legacy.
Quote of the day by Henry Ford: 'Thinking is hard work, which is why so few people do it.' Life lessons from inspiring quote on deep mental effort, comfort zone, physical labor, routine, innovation, analysis and critical discipline
Quote of the day by Henry Ford focuses on the value of thinking, analysis and mental discipline. His statement, “Thinking is the hardest work there is, which is probably the reason so few engage in it,” explains why people often choose routine and easy answers. The quote also connects with Ford’s work, innovation, business decisions and approach to production.
Quote of the day by Henry Ford: 'The most important history is...' Life lessons from inspirational quote on innovation, real action, present and commemoration
Quote of the day by Henry Ford, “The most important history is the history we make today,” explains why present action can matter more than simply looking at the past. The statement is linked to Ford’s 1916 comments about history, tradition and progress. His life also shows how innovation, production and daily decisions can shape events and create a lasting legacy.
Walt Disney took a Ford factory tour in 1948. What caught his attention later helped create Disneyland's magic
Walt Disney's 1948 factory visit inspired Disneyland's operational design. He witnessed industrial automation principles at Ford's River Rouge complex. This experience influenced the park's mechanical systems and immersive storytelling. Disneyland later employed automation for efficient visitor experiences. The factory's technology helped create Disney's controlled magical illusions.
Happiness Habit of the day by Henry Ford: ‘Chop your own wood, and it will warm you twice.' What the Ford Motor founder and business magnate teache us about hard work and self-reliance
Henry Ford’s quote, “Chop your own wood, and it will warm you twice,” highlights the happiness that comes from hard work and self-reliance. The saying suggests that effort brings a double reward: the practical result and the satisfaction of achieving it yourself. Ford, founder of Ford Motor Company, transformed the automobile industry with the Model T, making cars accessible to middle-class Americans.
Quote of the day by Henry Ford: "Whether you think you can, or you think you can't— you're...."—Why the founder of Ford Motor Company’s century-old success philosophy still shapes leadership, wealth, self-belief, and modern ambition today
Quote of the day by Henry Ford: Henry Ford remains one of the most searched business icons in modern history. More than 100 years after launching the Ford Model T, his ideas on success, mindset, leadership, and innovation still dominate motivational quotes, business education, and self-growth discussions worldwide. Henry Ford revolutionized the automobile industry with mass production and the moving assembly line. He made cars affordable for ordinary people and changed global transportation forever.
Quote of the day on fundamentals of the economy by Henry Ford: ‘It is not the employer who pays the wages…’
Henry Ford, a pioneer of mass production, offered a profound insight into business. He stated employers do not pay wages. Customers, through their purchases, are the true source of income. This perspective shifts focus to value creation and customer satisfaction. Businesses thrive by serving customers well. Worker security is linked to the value they deliver.
Ford may slash ad spending, revamp dealers to boost EV profit, CEO says
The shift from internal combustion vehicles to EVs is "the most exciting land grab in our industry since the Model T" introduced by Henry Ford in 1908, CEO Jim Farley said at an Alliance Bernstein conference.
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