Ford will flare brightly, go broke and disappear. the will never see a profit on this huge, catastrophic investment in EVs.
Article:
As soon as Ford opened reservations for the electric F-150, it began planning to expand the Dearborn plant that makes them, he said. “The reservations were so much higher than the (production) capacity that we had put in,” Galhotra said. “This is the first time in my career that we were expanding the plant before the plant was built.”
100,000 house fires later ford declares bankruptcy. Lol.
No they won't, they're simply complying with Biden's Executive order mandating that 50% of all new vehicles sold in the US by 2030 must be electric......
That's the forgotten back story on his attack on the oil industry that is resulting in record prices in gas and diesel.......