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StockWatch: Ford Stock Jumps 5%!

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Ford’s stock was lifted by over 5% yesterday as it looks to lead the way to a conversion to electric vehicles.

Ford released its September sales report, and said that its EV offerings are gaining new customers at a higher rate than the company’s overall portfolio.

Tesla has announced it will move its company headquarters to Texas from California.

Chief executive Elon Musk gave several reasons for the move, as the company looks to an easier production future.

Timestamps

  • F 01:55
  • TSLA 03:20

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