|Bid||11.48 x 900|
|Ask||11.48 x 36200|
|Day's range||11.18 - 11.51|
|52-week range||10.61 - 17.80|
|Beta (5Y monthly)||1.54|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.60 (5.31%)|
|Ex-dividend date||10 Feb 2023|
|1y target est||N/A|
The future of electrified trucks is almost here. Within the next two years, Ford (F) is planning to roll out their latest electric vehicle, called the "Project T3," CEO Jim Farley tells Yahoo! Finance Live. The truck will replace the automaker's current F-150-Lightning. This comes as Ford continues to battle competitors like Tesla (TSLA) and General Motors Company (GM) in the EV space. Ford hopes to remain ahead of the game with their new truck, which includes "technology no one has ever seen before," says Farley. Ford says the truck will include a semiautonomous system that will let drivers safely sleep in the car while it drives itself, and will update its software over-the-air.' Jim Farley says it is a vehicle that will 'get better every time you get in it.' Ford says letting drivers rest safely while driving helps long-distance workers accomplish more while commuting to a site. Yahoo! Finance's Brian Sozzi caught up with Ford CEO Jim Farley to discuss the future of the company and his outlook on their upcoming line of cars. Check out the full interview here. Key Moments 0:00:09: Outlook on Ford's upcoming Electric Vehicle 0:00:20 : What the T-3 EV is 0:00:35: Truck updating data as you drive 0:00:45 Truck drivers can sleep while driving
Ford on Friday unveiled its gearing up for next step in its EV truck business - the Project T3. Fresh off its ‘teach-in’ describing the new segments of the business, Ford said it’s preparing to build its next-gen electric truck, code-named Project T3, at its upcoming BlueOval City EV vehicle and battery manufacturing complex. The Project T3 will begin production at the West Tennessee plant in 2025.
While Ford's (F) Model e unit is expected to incur a pretax loss of $3 billion this year, Ford Blue and Ford Pro segments are likely to post pretax profits of $7 billion and $6 billion, respectively.