Ford shares slide after it misses earnings expectations

📆 04/02/2023 10:46:00
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The results show Ford is struggling to balance the transition to electric cars from combustion vehicles

. The company is counting on strong sales of gas-burning F-series pickups and Bronco sport utility vehicles to help foot the $50bn that CEO Jim Farley has committed to developing and building EVs...

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This is the worst time to transition to electric vehicles in South Africa

And not the Red Bull partnership?

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Business Maverick: Ford Slides as CEO Says $2 Billion Profit Left ‘on Table’Ford Motor Co. shares tumbled the most in four months after the carmaker missed earnings expectations, blaming poor execution and continued supply shortages.
Source: dailymaverick - 🏆 3. / 84 Read more »