The Inside Word#3 - With Phil Muscatello
Hear from Phil Muscatello from Shares For Beginners + How Ford Are Shaking Up The EV Industry!
In my third instalment of The Inside Word, I had an insightful virtual chat with the lovely Phil Muscatello. Phil interview’s industry experts through his podcast, Shares For Beginners so investing newbies can learn what to do, what to ask and, ideally, how not to lose money in the share market.
In this edition of the Inside word, Phil shares some of the great insights he’s taken from his conversations with some of Australia's greatest investors.
Keep reading via the link below ⬇️
#From Around The Web
Ford Are Flying!
It might shock you (it shocked me) to learn that shares in Ford (NYSE:F) are up over 80% this year, and 140% over the past 12 months! Not bad for a 117-year-old company.
Compare that with Tesla, whose share price has come under pressure this year, and is down 19% YTD.
So what’s with the renaissance over at Ford? Well, the company is changing fast, faster than market expectations at times.
Fords latest EV release, a lightweight Ute known as the “Maverick” was labelled by the company as “the vehicle you didn’t see coming”, triggering a 7% jump in the share price.
Fords EV deliveries in existing models like the Mustang Mach E, and their hybrid F150 have also rocketed 184% year over year!
Like most large scale automakers, Ford is leveraging their huge resources to shake up the EV space.
You can read more about Ford, and what they've been up to through the link above.
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