6.67 +0.03 (0.45%)
Before hours: 8:18AM EDT
|Bid||6.65 x 41800|
|Ask||6.67 x 42300|
|Day's range||6.63 - 6.93|
|52-week range||3.96 - 9.60|
|Beta (5Y monthly)||1.32|
|PE ratio (TTM)||N/A|
|Earnings date||27 Oct 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||29 Jan 2020|
|1y target est||7.66|
Tesla's lead in electric vehicle technologies has other automakers making desperate moves to catch up.
Ford Motors, an American multinational automaker, will invest 1.95 billion Canadian dollars in its Oakville and Windsor plants in Canada, Unifor union National President Jerry Dias said.
The deal includes retooling the Oakville plant to build five electric vehicle (EV) models between 2025 and 2028, with the first EV rolling off the assembly line in 2025, Dias said. The federal government, along with the Ontario government, is willing to invest in turning the Oakville plant over to the production of EVs, an investment that could keep the facility open for years, a government source confirmed on Tuesday. "We're in the midst of negotiation" of how much money the Ontario government would contribute to the Ford plant's electric car production line, Ontario Premier Doug Ford said on Tuesday.