Yesterday: Crushing News From Ford; Now, It's Tesla's Turn -- Waiting For SecEnergy To Weigh In -- June 16, 2022

Links to follow, but the screenshot says it all.

Corroboration was not needed, but this corroborates the Ford story in spaces, as my dad would say. This is, in a word: devastating.

EVs: how are the EVs doing pre-market?

• GM: down slightly; flat;
• F: down 3%;
• TSLA: down 4%; breaks below $700;
• RIDE: down 3%
• GOEV: down 4%;
• ELMS: up 26%; from 14 cents to 18 cents; said to be seeking bankruptcy protection;
• RIVN: down 3.6%;
  

RIVN leads us to AMZN:

• down 3%
• AMZN trading at $108

Ford:

• in addition to price story yesterday, two additional links:
• amid recalls, Ford says costs to build Mustang Mach-E are skyrocketing;
• Ford halts Mustang Mach-E deliveries for battery recall;
• I think there might have been another Ford recall but not interested in checking