Date: 2020-04-29 00:13:23

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➤ Ford releases Q1 earnings report showing billions of dollars of loss and guiding for even larger losses in Q2. F Stock falls 5% after hours.
➤ Ford cancels all-electric Lincoln branded SUV project with Rivian as legacy automakers fall further behind Tesla’s EV pace.
➤ GM cuts dividend and share repurchase program ahead of earnings report on May 6th.
➤ Tesla Q1 earnings preview:

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Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock & derivatives

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