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Stock impact report

CEO says fixing Ford's problems starts with identifying them [MSN Money]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Company Research Source: MSN Money
© Provided by CNBC LLC Jim Hackett  When Tesla delivered a rare and unexpected profit on Wednesday, investors went wild. Even some of CEO Elon Musk's harshest critics sounded surprisingly bullish.  The California carmaker's stock surged by 9.1 percent the next day and another 5 percent Friday. Ford also reported better-than expected earnings for the third quarter, sending the shares up 9.9 percent the next day. But the celebration was short lived. The shares fell slightly on Friday as the Detroit automaker's stock continues to languish below $10 a share, in territory it hasn't seen in years. Load Error At $991 million, Ford's profit was more than three times that of Tesla's. The electric carmaker's earnings, however, told a very different story than Ford. CEO Elon Musk finally appears to be delivering on expectations that Tesla can revolutionize the auto industry, or at least reliably turn a profit. With Ford, analysts and investors are yet to be sold on th Show less Read more
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