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Ford Shares Beaten Down By EV Failure

Ford Shares Beaten Down By EV Failure 188974314@N02 / Flickr Ford will announce earnings soon, and investors hope the No.2 American car maker will offer strong guidance. A look back at 2023 and early 2024 shows little reason for optimism about its current prospects.Ford’s stock is down 12% in the last year, while the S&P 500 is 21% higher. Rival Toyota, which often sells more cars in the US than Ford, has posted a 35% jump in its shares over the same period.Ford’s primary fumble is its EV business. A UAW ...