The UAW is expanding action against Ford (F) and General Motors (GM) with 25,000 workers now on strike. Stellantis (STLA) made changes to their proposal. Steve Westly discusses state of the U.S. auto industry. He talks about how the strike against Detroit’s Big 3 affects Tesla (TSLA). Steve goes over the E.V. outlook for Ford and GM. He notes that increasing costs make it tougher to compete and the companies are struggling to sell 100K E.V. each this year. He examines automotive industry trends. He highlights that TSLA is still on track for 2M deliveries this year. Tune in to find out more about the stock market today.
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29 Sep 2023
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