F Jul 2024 11.820 put
- Yahoo Finance
The other reason EV stock prices matter: Chart of the Week
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.
- 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.
- 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.
