What Does Ford's $19.5 Billion Bombshell Mean for Investors?

Here's how Ford's pivot away from EVs, and introduction of a new business, works out for investors.A nearly 20billionbombshellfromFordMotorCompany(F0.3720 billion bombshell from Ford Motor Company (F 0.37%) might have been the shoe drop the automotive industry was waiting to see.The Trump administration has been busy introducing tariffs, reducing support for electric vehicles (EVs), and of course, removing the 7,500 federal tax credit for EV purchases. In part due to that, among other factors, the U.S. EV industry is expected to see a significant s ...