Francesca Fontana

speaker
2,691 appearances 52 recordings 1 series first heard Aug 2017 last heard Feb 2025

Francesca Fontana’s voice in public audio — every appearance, attributed to the second.

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Appearances

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Its U.S.-traded shares dropped 13%, closing at their lowest level since December 2022. voice-verified
Plus, Ford lost about 2%, and GM fell about 3.5%. voice-verified
The rest of the week, Stellantis mostly made moves downward, ending with a weekly loss of about 17%. voice-verified
Elsewhere in the auto arena, Tesla delivered some good news on its quarterly deliveries. voice-verified
But spoiler alert, that didn't stop its recent rally from hitting the brakes. voice-verified
So Elon Musk's electric car maker, Tesla, delivered a total of nearly 463,000 vehicles during the July to September period. voice-verified
And that's some real good news. voice-verified
It was roughly in line with analysts' expectations. voice-verified
It reversed earlier declines this year. voice-verified
Plus, it was a 6.4% increase from the same period last year, when Tesla's sales were affected by factory upgrades that paused production. voice-verified
So you might be asking, what gives? voice-verified
We got solid numbers. voice-verified
Why wasn't the stock up? voice-verified
Well, for one, Tesla's total deliveries for the first nine months of 2024 are still trailing last year's performance. voice-verified
That's putting extra pressure on the company to deliver an even higher number of vehicles in the fourth quarter to beat 2023. voice-verified
And Tesla's stock has been on kind of a tear lately. voice-verified
September notched a gain of like 22%, so a dip might be expected when deliveries come in solid rather than exceptional. voice-verified
So the stock lost about 3.5% on Wednesday, with more losses Thursday, before gaining back some ground on Friday. voice-verified
All in all, Tesla ended the week down 4%. voice-verified
Then, on Friday, we saw Spirit Airlines shares taking a nosedive on news of a possible bankruptcy filing. voice-verified
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