Ford Motor Co. (NYSE: F) Is Eyeing Tesla, Inc.’s (NASDAQ: TSLA) Valuation So It Is Thinking Of Ways To Separate Its Electric Car Operations From Its Lega- cy Business; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees EV Charg- ing Station Business Skyrocketing As It Supports Electric Cars
Ford Motor Co. (NYSE: F) is jealous of Tesla, Inc.’s (NASDAQ: TSLA) $1 trillion valuation, so it is thinking of ways to separate its electric car opera- tions from its legacy business, according to a report by Bloomberg. To Solar Integrated Roofing Corp. (OTC PINK: SIRC), the heightened competition among OEM electric car manufacturers only makes the business prospects for its EV Charging Station installer subsidiary PLEMCo., stronger.
stockmarketpress.com features specialized coverage of related stocks in the so- lar, roofing, EV charging stations and battery charging energy industry such as Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sunrun, Inc. (NASDAQ: RUN), Blink Charging Co. (NASDAQ: BLNK), Tesla, Inc. (NASDAQ: TSLA), GM (NYSE: GM), ChargePoint (NYSE: CHPT), EVgo (NASDAQ: EVGO), SolarEdge
Technologies, Inc. (NASDAQ: SEDG), First Solar, Inc. (NASDAQ: FSLR), Sun- Power (NASDAQ: SPWR), Gibraltar Industries, Inc. (NASDAQ: ROCK), Spartan Acquisition Corp. II (NYSE: SPRQ). and Canadian Solar Inc. (NASDAQ: CSIQ).
Ford Motor Co. (NYSE: F) Is Eyeing Tesla, Inc.’s (NASDSAQ: TSLA) Valuation So It Is Thinking Of Ways To Separate Its Electric Car Operations From Its Lega- cy Business; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees EV Charg- ing Station Business Skyrocketing As It Supports Electric Cars
Jim Farley, CEO of Ford (NYSE: F), says he is considering spinning off off the company’s electric car operations in pursuit of multiples such as the $1 trillion valuation of Tesla (NASDAQ: TSLA).
Splitting the company may be too difficult, Farley says, so instead he is thinking of simply seprating the company internally. Sell that to the Ford family, which con- trols the company through a special class of stock. The family maintains three seats on the Board.
A move to separate electric car operations from its legacy business would give the company greater access to the capital markets, which have been generous in valuing Tesla (NASDAQ: TSLA).
Ford Motor (NYSE: F) reported a record-breaking net profit of $17.9 billion for 2021 — yet roughly half of that profit was a paper gain made on Ford’s equity in the successful Rivian Automotive (NASDAQ: RIVN) electric car IPO last Fall.
Ford is locked in an EV vehicle leadership battle with General Motors (NYSE: GM). GM says is all in, even suspending its dividend to fund its infrastructure building costs on EVs. Solar Integrated Roofing Corp. (OTC PINK: SIRC) sees opportunity in all this for its PLEMCo. subsidiary and EV Charging Station de- mand.
Ford Motor Co. (NYSE: F) Is Eyeing Tesla, Inc.’s (NASDAQ: TSLA) Valuation So It Is Thinking Of Ways To Separate Its Electric Car Operations From Its Lega- cy Business; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees EV Charg- ing Station Business Skyrocketing As It Supports Electric Cars
Farley last month said he did not object to spinning off the company’s battery electric vehicle business, but Ford now says the company is not planning an at- tempt at a spin off.
So now Farley’s vision of an internal split may happen, instead. It would be complicated, dividing operations in engineering and operations at the OEM carmaker.
Meanwhile, in a move that will soon drive demand for EV Charging Stations in North America, General Motors (NYSE: GM) has now raised its sales target for electric vehicles to 400,000 in North America in 2022-2023 compared to only 25,000 Bolt models sold last year. If the target sales are met, it could mean a spectacular opportunity for Solar Integrated Roofing Corp. (OTC PINK: SIRC) and its PLEMCo. Subsidiary that builds EV Charging Stations.
Automotive analysts see the Ford (NYSE:F) and General Motors (NYSE: GM) battle for leadership in the electric car trucks as unresolved. Some say Ford is winning, while others side with GM. All agree that the front for electric vehicle leadership will not be won soon, and that the major initial battle between these titans will be in…pickup trucks. On the front lines with be the electric Ford Light- ning and GM’s Silverado. They are high margin, taking orders and are fighting for the heart of middle, blue collar America.
Ford Motor Co. (NYSE: F) Is Eyeing Tesla, Inc.’s (NASDAQ: TSLA) Valuation So It Is Thinking Of Ways To Separate Its Electric Car Operations From Its Lega- cy Business; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees EV Charg- ing Station Business Skyrocketing As It Supports Electric Cars
Mary Barra, CEO of GM, says the Company is focusing on selling more electric vehicles now — rather than posting a profit. Ford wants a profit in electric vehicle right away. GM, she said, is now looking to build its third electric truck plant. GM is now only chasing electric market leader Tesla (NASDAQ: TSLA), it is all-in on the electric vehicle business model.
Mary Barra, CEO of GM, says the OEM car maker will continue to suspend its dividend payments to shareholders and use that funding instead to pay for its in- vestment in electric vehicle production, infrastructure and marketing.
Meantime, Ford (NYSE: F) is forecasting higher profits for next year. Its primary advantage is that its Lightning electric version of its best selling 150-pickup truck is sold out in advance and will launch far prior to the debut of GM’s electric ver- sion Silverado.
As Ford and GM go toe-to-toe, SIRC’s PLEMCo., is well positioned to install EV Charging Stations for either or both OEM electric car/truck makers. In short, SIRC wins no matter which OEM company becomes an industry leader.
And either or both together will form an important competitive force to leader Tes- la (NASDAQ: TSLA). As market leader, Tesla has all the business it can handle. In fact, it is so backed up that in 2022 it is focusing on delivering already-ordered cars/trucks rather than launch new models.
Electric charging stations are projected to reach $111.90 Billion by 2028 with a
30.26% CAGR jump, says Fortune Business Insights.
SIRC’s advantage is that its installers are already performing solar work in the home — where some 80% of EV charging takes place, the government says. But it is also watching partnership agreements between EV Charging Station compa- nies and OEM electric car makers and other retailers allied to the field — such as Bridgestone-owned Firestone aftermarket auto repair/tire centers.
Ford Motor Co. (NYSE: F) Is Eyeing Tesla, Inc.’s (NASDAQ: TSLA) Valuation So It Is Thinking Of Ways To Separate Its Electric Car Operations From Its Lega- cy Business; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees EV Charg- ing Station Business Skyrocketing As It Supports Electric Cars
Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-
governance/leadership/.
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As Ford and GM go toe-to-toe, SIRC’s PLEMCo., is well positioned to install EV Charging Stations for either or both OEM electric car/truck makers. In short, SIRC wins no matter which OEM company becomes an industry leader.
And either or both together will form an important competitive force to leader Tes- la (NASDAQ: TSLA). As market leader, Tesla has all the business it can handle. In fact, it is so backed up that in 2022 it is focusing on delivering already-ordered cars/trucks rather than launch new models.
Electric charging stations are projected to reach $111.90 Billion by 2028 with a
30.26% CAGR jump, says Fortune Business Insights.
SIRC’s advantage is that its installers are already performing solar work in the home — where some 80% of EV charging takes place, the government says. But it is also watching partnership agreements between EV Charging Station compa- nies and OEM electric car makers and other retailers allied to the field — such as Bridgestone-owned Firestone aftermarket auto repair/tire centers.
Ford Motor Co. (NYSE: F) Is Eyeing Tesla, Inc.’s (NASDAQ: TSLA) Valuation So It Is Thinking Of Ways To Separate Its Electric Car Operations From Its Lega- cy Business; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees EV Charg- ing Station Business Skyrocketing As It Supports Electric Cars
Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-
governance/leadership/.
Source: Stock Market Press
Join Stock Market Press’ newsletter for the latest in IPO, market commentary and company profiles.
Stock Market Press is a financial news company that delivers up to date stock news, in- troduces private and public companies to a wide audience of investors, consumers, jour- nalists and the general public via social media and a rapidly expanding network.
Contact:
Stock Market Press
110 Wall St.
New York, NY 10005 info@stockmarketpress.com https://twitter.com/PressStock
As Ford and GM go toe-to-toe, SIRC’s PLEMCo., is well positioned to install EV Charging Stations for either or both OEM electric car/truck makers. In short, SIRC wins no matter which OEM company becomes an industry leader.
And either or both together will form an important competitive force to leader Tes- la (NASDAQ: TSLA). As market leader, Tesla has all the business it can handle. In fact, it is so backed up that in 2022 it is focusing on delivering already-ordered cars/trucks rather than launch new models.
Electric charging stations are projected to reach $111.90 Billion by 2028 with a
30.26% CAGR jump, says Fortune Business Insights.
SIRC’s advantage is that its installers are already performing solar work in the home — where some 80% of EV charging takes place, the government says. But it is also watching partnership agreements between EV Charging Station compa- nies and OEM electric car makers and other retailers allied to the field — such as Bridgestone-owned Firestone aftermarket auto repair/tire centers.
Ford Motor Co. (NYSE: F) Is Eyeing Tesla, Inc.’s (NASDAQ: TSLA) Valuation So It Is Thinking Of Ways To Separate Its Electric Car Operations From Its Lega- cy Business; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees EV Charg- ing Station Business Skyrocketing As It Supports Electric Cars
Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-
governance/leadership/.
Source: Stock Market Press
Join Stock Market Press’ newsletter for the latest in IPO, market commentary and company profiles.
Stock Market Press is a financial news company that delivers up to date stock news, in- troduces private and public companies to a wide audience of investors, consumers, jour- nalists and the general public via social media and a rapidly expanding network.
Contact:
Stock Market Press
110 Wall St.
New York, NY 10005 info@stockmarketpress.com https://twitter.com/PressStock
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