F Sep 2024 2.820 call
| Previous close | 9.30 |
| Open | 9.30 |
| Bid | 9.30 |
| Ask | 9.65 |
| Strike | 2.82 |
| Expiry date | 2024-09-20 |
| Day's range | 9.30 - 9.30 |
| Contract range | N/A |
| Volume | |
| Open interest | 4 |
- Yahoo Finance Video
Ford wants to make affordable EVs. How long could that take?
Ford (F) CEO Jim Farley hinted at the automaker's plans to roll out more affordable EVs in an exclusive interview with Yahoo Finance. RBC Capital Markets Global Autos Analyst Tom Narayan sits down with The Morning Brief to react to Ford's projected pathway to reach profitability on more affordable electric vehicles. "I think it has to be at the same price pretty much as an ICE [internal combustion engine] car, right? So you know, the average ICE cars though have gone up quite a bit. So they're almost like... $40,000 in the United States, an EV is probably more like $50,000 to $60,000," Narayan says to Yahoo Finance. "When you get the IRA credits, which are $7,500 off that, maybe the battery prices come down. If you can get them in that $30,000 to $40,000 range, I think they get more interesting. And you definitely have that push, right, to get the $20,000 to $30,000, EV that will come. It'll be a little difficult to get there." Narayan also comments on the consumer mentality behind range anxieties and concerns around EV charging infrastructure in the United States. Catch Yahoo Finance Executive Editor Brian Sozzi's full interview with Ford CEO and President Jim Farley. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Yahoo FinanceFord CEO on the future of EVs, Detroit, and his relationship with Tesla's Elon Musk
Ford CEO Jim Farley sat down for a new edition of Yahoo Finance's Opening Bid podcast, sharing why the auto giant has spent $1 billion to rebuild a Detroit landmark and why he remains bullish on EVs.
- Yahoo Finance Video
Ford CEO on EVs, Detroit, and texting Elon Musk
"After 120 years, we've seen a lot of competition," says Ford CEO Jim Farley to Yahoo Finance Executive Editor Brian Sozzi in the grand hall of the newly refurbished Michigan Central station. The historic building is, in many ways, the crown jewel of the automaker’s new $1 billion Detroit-based campus. Ford’s 30-acre innovation district, centered around the station, will serve as a base for developing its autonomous and electric vehicle businesses. The development serves as something of an emblem for Ford’s (F) future ambitions, much of that, today, takes the form of the push into the EV space. "It was Bill Ford's vision to make the commitment to revitalize this building," says Farley. In a wide-ranging interview, Farley discusses everything from demand, the upcoming Presidential election... and whether or not Tesla CEO Elon Musk (TSLA) texts him back.
