F Jul 2024 6.820 call
| Previous close | 5.90 |
| Open | 5.90 |
| Bid | 5.30 |
| Ask | 5.60 |
| Strike | 6.82 |
| Expiry date | 2024-07-19 |
| Day's range | 5.85 - 5.90 |
| Contract range | N/A |
| Volume | |
| Open interest | 7 |
- Yahoo Finance Video
What's driving consumer interest away from EVs?
Consumer interest in EVs has fallen for the first time in three years, according to the J.D. Power US Electric Vehicle Consideration Study. Some of the reasons cited in the study are concerns over charging infrastructure and range anxiety. Yahoo Finance Reporter Pras Subramanian joins Market Domination to break down the report and what it means for the EV market moving forward. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
ReutersFord asks suppliers to cut costs in push to turn EV business profitable, memo says
Ford Motor Co has asked its electric-vehicle suppliers to reduce costs in an attempt to support profitability, saying "everything is on the table," according to a company memo seen by Reuters. Discounts and sharp price cuts from competitors, including EV market leader Tesla, to sustain consumer demand amid high interest rates have forced Ford to reciprocate. "To ensure affordability, it is of paramount importance that our portfolio achieves further levels of material cost efficiency."
Yahoo FinanceConsumer interest in EVs just dropped for the first time in 3 years
A new report from automotive research firm J.D. Power points to fading EV interest from American consumers.
