Ford shares jump 6% as Morgan Stanley hails CATL-backed energy business

Investing_ng | 14-05-2026 03:57am |

Ford Motor Company's shares experienced a notable increase of 6% following a positive assessment from Morgan Stanley regarding the company's energy business, which is supported by Contemporary Amperex Technology Co., Limited (CATL). The investment firm highlighted the potential of Ford's energy initiatives, particularly in the context of the growing demand for electric vehicles and sustainable energy solutions. This endorsement from Morgan Stanley has contributed to heightened investor confidence in Ford's strategic direction and future growth prospects.

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