Previous close | 4.2600 |
Open | 4.2600 |
Bid | 3.9500 |
Ask | 6.6500 |
Strike | 8.00 |
Expiry date | 2024-08-02 |
Day's range | 4.2600 - 4.2600 |
Contract range | N/A |
Volume | |
Open interest | 10 |
Rivian and VW announced a joint project this week, with the former receiving $5 billion in investment. This allays investor concerns about the EV maker — and consumer ones as well. When you buy a car, you want the company to stick around.
In April, Ford CEO Jim Farley had alluded to the automaker's expectations of being profitable in the $25,000 to $30,000 range for EVs. Ford did not immediately respond to a Reuters request for a comment. The company has been shifting focus to produce larger electric trucks and SUVs, along with affordable and smaller EVs that are being developed by a "skunkworks" team in California.
Automotive research firm J.D. Power’s highly watched initial quality study is out — and it appears EVs are giving consumers big headaches.