Finance: Ford crushes October sales estimates amid truck boom (F, GM, FCAU, NSANY)

diariesoflove Finance: Ford crushes October sales estimates amid truck boom (F, GM, FCAU, NSANY) Automakers surprised in September with the best month of sales so far this year. US auto sales rose more than expected in October. Ford, among the major manufacturers that topped forecasts, was supported by strong truck sales. September was the strongest month of this year for the auto companies. They benefitted as people replaced cars that were salvaged by recent hurricanes….

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Finance: Elon Musk said Tesla aims to start producing cars in China in 2020 (TSLA)

diariesoflove Finance: Elon Musk said Tesla aims to start producing cars in China in 2020 (TSLA) Tesla CEO Elon Musk said the company will focus on Model 3 and Model Y production in China, which is slated to begin in 2020. Tesla plans to open a factory in China that will start producing cars in 2020. The company will first focus on Model Y and Model 3 production in China. Tesla expects to start producing…

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