Wall Street Shifts Gears: Upgrades for Tesla, Ford, and GM
Analysts turn positive on Tesla, Ford Motor Company, and General Motors, seeing better growth and buying opportunities ahead.
Analysts turn positive on Tesla, Ford Motor Company, and General Motors, seeing better growth and buying opportunities ahead.
GM sales fell 10% in Q1 2026 due to high 2025 sales, storms, and pricey cars; some SUVs did well, EVs dropped 28%.
BofA updates ratings on Rivian, Lucid, GM, and Ford. EV startups face headwinds from slower adoption, while traditional giants like GM and Ford benefit from regulatory changes favoring gas-powered trucks and SUVs.
Ford reports Q4 profit decline to $1B amid tariff surprises and supplier fires, but projects strong 2026 earnings of $8-10B as cost cuts take hold.
General Motors (GM) announces $6 billion in EV-related charges as demand weakens and Trump eliminates tax credits, joining Ford in massive electric vehicle pullback.
Piper Sandler upgraded Ford, GM, and Stellantis to Overweight, raising price targets and highlighting improved strategy, cash flow strength, and upside potential through 2026–2027.