Ford: I Was Wrong (Downgrade)
BalkansCat Ford Motor (NYSE:F) is set to report earnings for its fourth quarter on February 6, 2024 which, in my view, could strongly disappoint in a number of ways. The automaker recently announced an expensive deal with America’s largest union for auto workers, the UAW, which will take a big chunk out of Ford Motor’s earnings in the long run. Furthermore, Ford Motor said that it is scaling back production of the electric-vehicle version of its F-150 top-selling truck, an admission that electric-vehicl ...