F Jul 2024 13.500 put
- Yahoo Finance
EVs are giving new owners more headaches, and Tesla is a big reason why: J.D. Power study
Automotive research firm J.D. Power’s highly watched initial quality study is out — and it appears EVs are giving consumers big headaches.
- Reuters
Ford expects profitable $30,000 EV in two and a half years, CNBC reports
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.
- Barrons.com
Ford CEO Jim Farley Loves EVs. That Matters a Lot.
Ford Motor CEO Jim Farley has confessed: He loves electric vehicles. “I spent the past 40 years developing new vehicles, from Camrys and Scions at Toyota to F-150 Raptors, Broncos, and Transits here at Ford Motor Company,” wrote the CEO. EVs are fast and responsive—faster and more responsive than equivalent gasoline-powered cars—and batteries enable some interesting benefits.
