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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIs the EV push too fast and too furious? Ford projects $4.5B in loses for EVs in 2023Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Former Ford CEO Mark Fields joins the show to discuss the automaker's recent earnings report.
Persons: Brian Sullivan, , Mark Fields Organizations: EVs, CNBC, Ford
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're in a 'make-or-break' moment for the EV industry, says former Ford CEO Mark FieldsMark Fields, former Ford president and CEO, joins 'Squawk Box' to discuss General Motors' Q2 earnings results, the state of the EV market, and more.
Persons: Mark Fields Mark Fields Organizations: Ford, General Motors, EV
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEV's 'moment of truth' is coming as industry preps for mass adoption, says former Ford CEOMark Fields, former Ford CEO and former Interim Hertz CEO, joins 'Squawk on the Street' to discuss the recent price cuts from Ford, why the company has decided to cut its price, and much more.
Persons: Mark Fields Organizations: Ford, Interim Hertz
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEV 'truce' deal with Tesla and Chinese rivals is 'bad news' for Tesla, says former Ford CEOMark Fields, former Ford CEO and Hertz Interim CEO, joins 'The Exchange' to discuss the 'truce' signed between Tesla and its Chinese rivals, why this deal puts Tesla in a tough spot, and more.
Persons: Tesla, Mark Fields Organizations: Ford, Hertz, Tesla
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's harder to charge an EV than too fill up a tank of gas right now: Fmr. Ford CEO on low EV demandFormer Ford CEO Mark Fields joins 'Last Call' to talk the EV push and if the demand is matching the enthusiasm from automakers.
Persons: Mark Fields Organizations: Ford, EV
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRivian follows the lead of other EV makers in joining Tesla's charging networkMark Fields, former Ford CEO, and Brian Moody, AutoTrader.com executive editor, join 'Last Call' to discuss Rivian joining Tesla's EV charging network, the state of the EV space, and more.
Persons: Fields, Brian Moody Organizations: Ford, Tesla's EV
Watch CNBC's full interview with Mark Fields and Brian Moody
  + stars: | 2023-06-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Mark Fields and Brian MoodyMark Fields, former Ford CEO, and Brian Moody, AutoTrader.com executive editor, join 'Last Call' to discuss Rivian joining Tesla's EV charging network, the state of the EV space, and more.
Persons: Mark Fields, Brian Moody Mark Fields, Brian Moody Organizations: Ford, Tesla's EV
Watch CNBC’s full interview with former Ford CEO Mark Fields
  + stars: | 2023-06-16 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with former Ford CEO Mark FieldsMark Fields, former Ford CEO, joins ‘Squawk on the Street’ to discuss the rise of Chinese electric vehicle sales, the state of overall electric vehicles, and what's ahead for the market.
Persons: Mark Fields Mark Fields, Squawk Organizations: Ford
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChinese EV products are very good, says former Ford CEO Mark FieldsMark Fields, former Ford CEO, joins 'Squawk on the Street' to discuss the rise of Chinese electric vehicle sales, the state of overall electric vehicles, and what's ahead for the market.
Persons: Mark Fields Mark Fields Organizations: Ford
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla partnership 'a really pragmatic move by Ford and GM', says former Ford CEO Mark FieldsMark Fields, former Ford Motor Company president and CEO, joins 'Squawk Box' to discuss Tesla's new charging partnerships, what it means from the EV landscape, and more.
Persons: Mark Fields Mark Fields Organizations: Ford, GM, Ford Motor Company
Elon Musk was grilled about Tesla's recent price cuts during the carmaker's earnings call. Investors and analysts questioned Elon Musk on Tesla's recent price cuts during the companies earnings call on Wednesday. The Tesla CEO answered over a half dozen questions around the company's recent price cuts and their impact on the electric-car maker's profit margin during the call. Tesla owners and investors alike have not responded positively to the price cuts. Its gross profit margin dipped just below analyst expectations to about 19.3%, with analysts blaming price cuts.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk using pricing as a 'cudgel' against the competition, says former Ford CEO Mark FieldsMark Fields, former Ford CEO, joins 'Squawk Box' to discuss Elon Musk's comments about sacrificing Tesla's profits for growth and what it means for the rest of the EV market.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMizuho's EV warning: GM's transition to EVs will face profitability hurdleHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Mark Fields, former Ford Motor Co. CEO, joins the show to discuss the White House's push for EV vehicles.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's price cuts come from a look at demand and competitor margins: Former Ford CEOMark Fields, former Ford CEO and CNBC contributor, joins 'Squawk on the Street' to discuss Tesla's thought process behind price cuts, how competitors can react to these price cuts and more.
BRASILIA, March 23 (Reuters) - Brazilian President Luiz Inacio Lula da Silva heads to China this weekend for a five-day visit to refresh relations with his country's largest export market and seek new Chinese investment in the Latin American country. "Brazil has to keep a flexible and pragmatic position in this dispute between China and the United States," said Senator Hamilton Mourao, who as Brazilian vice president met with Xi in Beijing in 2019. CHINESE INVESTMENTLula drew Brazil closer to China and traveled twice to Beijing during his two presidential terms from 2003 to 2010. Trade relations were not affected by the diplomatic storm, though Chinese investment stalled, due in part to the pandemic preventing China's executives from visiting Brazil. By 2021, investment by Chinese companies in Brazil recovered to the level of 2017, according to the China-Brazil Business Council, which forecasts steady growth in coming years.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla is one generation ahead of other automakers in the race to EVs, says former Ford CEOFormer Ford CEO Mark Fields joins 'Squawk Box' to discuss the addressable market for EV adoption, Tesla's manufacturing efficiency plan, and competition in the EV sector.
Former Ford CEO Mark Fields saw Tesla's investor day as reaffirming the automaker's reign over the EV industry. Though the event lacked details on new models, it demonstrated the company's leadership in key areas, he told CNBC. The keys to winning the EV race will come down to product appeal, software or user interface, controlling cost, and consistent execution, he said. "And Tesla right now is one generation ahead of the other automakers," Fields said, though rivals like Ford and Hyundai are making a lot of progress. However, Fields predicted that the EV industry will eventually have no one leader as the market continues to strengthen.
Tesla is still the EV market benchmark, according to former Ford CEO Mark Fields. He told CNBC on Thursday that some of the smaller players in the field risk failing or being bought by rivals. It's only going to get tougher, especially at the high end price range where competition is stiff, Fields said. "I think every automaker still benchmarks Tesla as the leader at this point," Fields said. "One thing is for sure - these companies are going to continue to need capital to grow their businesses," Fields said.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla is still the EV market benchmark, says Former Ford CEO Mark FieldsMark Fields, Former Ford CEO and CNBC contributor, breaks down the electric vehicle space and his thoughts on Tesla.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMiddle class car consumer has been 'shut out of the market' says Mark FieldsMark Fields, former Ford CEO and current CNBC contributor joins 'Squawk on the Street' to discuss his thoughts on the auto space, the middle class consumer and Ford's F-150 lighting truck.
Ford sold 91 million shares of the EV startup in 2022, according to the filing. Ford's sale of the shares was worth about $3 billion in total proceeds, the company said, a substantial gain on its $1.2 billion investment in Rivian. Ford, as of the end of last year, still owned about 11 million of its initial 101.9 million shares of Rivian. Ford first invested in Rivian in 2019, before the EV maker went public. But as a result of that initial investment, Ford was among the largest stakeholders in the company upon Rivian's blockbuster IPO in 2021, with a 12% stake.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Ford CEO Mark Fields: Tesla's Q4 earnings were quite impressiveFormer Ford CEO Mark Fields joins 'Squawk Box' to discuss his thoughts on Telsa's quarterly earnings results, Tesla's valuation, and more.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's starting to experience demand problems for the first time, says former Ford CEOMark Fields, former Ford CEO and TPG senior advisor, joins 'TechCheck' to discuss what's pushing Tesla's stock higher, what could cure the company's problems and woes with its management.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's demand issues may start supplanting supply issues, says former Ford CEOMark Fields, former Ford CEO and CNBC contributor, joins 'Closing Bell' to discuss Tesla's recent stock moves, the company's logistical issues and if Tesla and legacy OEMs will soon have similar multiples.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFmr. Ford CEO Mark Fields on what Tesla's challenges may mean for legacy automakersFormer Ford CEO Mark Fields on the new competitive pressure faced by Tesla as large automakers introduce their own EVs. With CNBC's Melissa Lee and the Fast Money traders, Steve Grasso, Dan Nathan, Guy Adami and Bonawyn Eison.
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