Does Ford's Big EV Move Spell Trouble in Paradise?
One investment thesis for investors who are long on Ford Motor Company (F 1.99%) is that the company could quickly turn its $4.5 billion in annual electric vehicle (EV) losses into profits by 2026. That would be a big, and very valuable, amount of profits to be had. But one recent move by Ford calls into question whether the carmaker can indeed accomplish that goal by 2026. Gone in a flashF-150 Lightning sales rose 55% in 2023 to over 24,000 vehicles and it was America's best-selling EV pickup. It's one of ...