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F Sep 2024 3.820 put
| Previous close | 0.0100 |
| Open | 0.0100 |
| Bid | 0.0000 |
| Ask | 0.0200 |
| Strike | 3.82 |
| Expiry date | 2024-09-20 |
| Day's range | 0.0100 - 0.0100 |
| Contract range | N/A |
| Volume | |
| Open interest | 6 |
- Yahoo Finance Video
How EVs are making car ownership more affordable
A new note from Bank of America points to the "all-in" cost of vehicle ownership — which includes high interest rates, insurance, and maintenance costs — as a factor behind the flattening of car sales. Autoblog Editor-in-Chief Greg Migliore joins Wealth! to discuss how electric vehicles could be the more affordable option. Migliore notes that charging is becoming more attractive to consumers than gas, especially when incentives, like rebates and subsidies, are available for home chargers. He adds that EVs often have fewer maintenance costs than gas vehicles, which could resonate with many American drivers. As more EVs hit the roads, Migliore says the industry is moving "beyond that early adopter phase." He explains that the EV market will grow as more variations become available, offering consumers more options, from trucks to sedans. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl
- Yahoo Finance Video
Ford CEO on making money on EVs
‘After 120 years we've seen a lot of competition’ says Ford (F) CEO Jim Farley to Yahoo Finance Executive Editor Brian Sozzi. His comments come as the automaker unveils a 1 billion dollar 30-acre innovation district, centered around the iconic Michigan Central Station. Sozzi asked if Farley had a date on the calendar for making money on the big EV push, ‘we wouldn't allocate capital if i didn’t think it was profitable’ he responded. The new development serves as something of an emblem for Ford’s future ambitions; much of that, today, takes the form of the push into electrification. It hasn’t been an easy road, but despite fierce competition from the likes of Elon Musk’s Tesla, Ford has managed to establish itself as America’s No. 2 electric vehicle brand. Price cuts for the F-150 Lightning and the Mustang Mach-E have been a part of the strategy however; the latter being the second bestselling electric SUV in the United States last year. Earlier this year, however, something of a bombshell; the company announced it was reassessing its EV plans, saying though there was growth to come, widespread adoption would take time. ‘The hard part is delivering and executing affordable EVS that make money’, Farley added. You can watch the full video here.
Barrons.comFord’s New Train Station Is Actually a Secret Weapon
After six years and a billion dollars, Detroit’s Michigan Central train station has been transformed from an eyesore to a hub for automotive innovation.
