Ford (NYSE: F) Throws In The Towel And Decides To
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Posted On: 07/29/2024 6:45:14 PM
Re: energy_wave #50511
Ford (NYSE: F) Throws In The Towel And Decides To Make Money
https://247wallst.com/investing/2024/07/29/fo...ake-money/
The WEF and China's CCP aren't liking this news.
Quote:
Ford Has Been Losing Too Much On EVs
Doug McIntyre and Lee Jackson discuss Ford’s (NYSE: F) surprising decision to convert a Canadian EV plant into one that builds Super Duty trucks, reflecting a broader industry shift. Despite prior commitments to electric vehicles (EVs), Ford seems to be reverting to traditional gas-powered trucks, questioning the feasibility of widespread EV adoption. Concerns about charging infrastructure, battery performance, and consumer demand are leading to skepticism about the government’s EV goals. They also highlight the impact on investors, who prefer stable earnings from popular gas-powered vehicles over uncertain EV ventures.
It’s Going Back To It’s Roots To Make Money
https://247wallst.com/investing/2024/07/29/fo...ake-money/
The WEF and China's CCP aren't liking this news.
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