|Bid||9.26 x 47300|
|Ask||9.27 x 34100|
|Day's Range||9.24 - 9.44|
|52 Week Range||3.96 - 9.57|
|Beta (5Y Monthly)||1.28|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 02, 2021 - Feb 08, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jan 29, 2020|
|1y Target Est||9.04|
Ford Motor Co is delaying the launch of its Bronco SUV next year to the summer from the initial spring target due to coronavirus-related issues with its suppliers, a company spokesman said on Friday. The suppliers, which Ford did not identify, have had development work for tooling delayed by the pandemic, Deep said. Asked whether the launch could face further delays, Deep said Ford was monitoring the outbreak closely.
The decline in November auto sales in the United States is primarily due to the second wave of the pandemic hitting the nation as well as the fewer selling days in the month.
Tesla shares rose over 3% to $586 in premarket trade as Goldman Sachs upped the electric vehicle maker to buy from neutral and lifted its price target to $780 from $455. The investment bank said the shift toward battery electric vehicle adoption is accelerating, due to falling battery prices and an increase in regulatory proposals to limit or ban the sale of internal combustion engine vehicles. Tesla's integrated model will help it sustain a leadership position in the electric vehicle market, the analysts said. Goldman also increased price targets on Ford , to $9 from $8, and on General Motors , to $52 from $46.