(SPCE), Gamestop Corporation (NYSE:GME) - Chamath Palihapitiya And His Rise As A FinTwit Influencer benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Ford Shares Gained 3% as Company’s All-Electric Mustang Mach-E Hits Showrooms
Dec 16 2020 · 12:27 UTC by Ibukun Ogundare · 3 min read
Photo: Ford
You have successfully joined our subscriber list.
Notably, the Mustang Mach-E is similar to Tesla Model Y SUV. Both EVs by Ford and Tesla are alike in pricing, performance, and range.
Ford Motor Company (NYSE: F) recorded a 3% increase in its shares as the company’s Mustang Mach-E arrives in showrooms. The Mustang Mach-E is Ford’s first all-electric vehicle under an investment plan worth $11 billion in electrification through 2022.
A CNBC report said that the global director of battery electric vehicles at Ford, Darren Palmer, commented on the new EV at a press briefing. Stating that the company has never had anything like the Mustang Mach-E, Palmer added that the EV aims to be a “tech-forward car.”