Previous Close | 10.73 |
Open | 10.78 |
Bid | 10.78 x 36200 |
Ask | 10.80 x 36100 |
Day's Range | 10.61 - 10.85 |
52 Week Range | 9.49 - 14.85 |
Volume | |
Avg. Volume | 52,058,134 |
Market Cap | 42.922B |
Beta (5Y Monthly) | 1.64 |
PE Ratio (TTM) | 12.27 |
EPS (TTM) | 0.88 |
Earnings Date | Feb 04, 2025 - Feb 10, 2025 |
Forward Dividend & Yield | 0.60 (5.59%) |
Ex-Dividend Date | Nov 07, 2024 |
1y Target Est | 12.18 |
For the automotive industry, reports that President-elect Donald Trump and his team are looking to repeal the $7,500 federal tax credit are not surprising. However, the effect of a potential repeal could be massive for automakers betting on EVs being the future.
Ford’s decision to cut 4,000 jobs across Europe is a stark reminder of the challenges automakers face in the transition to electric vehicles (EVs). While the shift to electrification is inevitable, it’s clear that the road ahead will be anything but smooth. For the burgeoning sector of EV motor finance, this announcement sends a worrying signal. The automotive industry’s struggle…