president trump staying on his manufacturing message, hosting auto industry leaders for a breakfast at the white house this hour. we ll take you there live. plus, an eye on earnings. five dow components reporting results this morning, including verizon, j&j and dupont. and alibaba reporting quarterly earnings and raising its guidance. how investments, cloud and digital media are paying off for the chinese giant. yesterday at this time, industry leaders were meeting with the president. nowceos of auto makers. the president tweeted, will be meeting at 9:00 with automobile executives concerning jobs in america. i want plants to be built here for cars sold here. big piece on the cover of the journal this morning. auto makers in the cross hairs. mark fields of ford saying he s re-read part of the deal to better understand the president. they ve assembled task forces to monitor the president s twitter account. they should monitor phil lebeau s twitter. his note today is the
According to reports, carmakers are unable to attract customers despite offering huge discounts on their electric vehicles. This has resulted in a rise in EV inventory, pushing dealers & carmakers to reduce prices even further.