Ford, Tesla Kick Off the Third Quarter: Auto Earnings Preview

The transcript discusses Adam Jonas' downgrade of Ford's rating due to valuation concerns and lack of a cohesive restructuring plan. Jim Hackett, Ford's CEO, faces challenges in executing a fundamental transformation. Ford's immediate issues include declining sales and a product drought. In contrast, Tesla is expected to report profits and positive cash flow, marking a turnaround from previous struggles.

What changes did Adam Jonas make to his rating on Ford?

How has Jim Hackett been described in relation to his role as CEO of Ford?

What are the two big buckets mentioned regarding Ford's future?

What are the main concerns regarding Ford's restructuring plan?

What expectations do analysts have for Tesla's upcoming earnings report?