Change of plan. Ford is pulling out of trying to make the F150 EV that they can't sell. Wall Street liked the announcement and Ford stock is up today. This is good for Ford.
Layoffs will start soon. Great cost reduction plan. Ford already lost $1.4 billions in Q3 for Model E.
Why would anyone keep on making an EV that people don't want to buy. Also, Ford looses $45k to $55K for each of the F150 Lighting that REVC plant produced. That is roughly $200 millions loss per month. Shut it down.
@bh Are you sure that Farley is not an illegitimate offspring of Joe Biden? Keep an eye on him the next time the elevator is down, and he is forced to use the stairs!
Again, another ridiculous pursuit that both serious and experienced engineers and procurement people warned against that leadership ignored and have worked to eliminate. Standard protocol at Ford. Don't like the advice you are getting from your deep experienced SMEs, eliminate them and hire inexperienced outside hires for higher pay that will energetically agree with anything you say. There, problem fixed says our leadership.
Farley canned all the ICE engineering because they couldn’t be repurposed for the great shift to BEV. Can’t make this s%%t up.
@af unfortunately, not likely Bill Ford or JF. But let us 🙏.
So, who is going to be F-I-R-E-D for proposing the electric f-150? Let me guess. A kiss on the A$$ as opposed giving a kick in one! Can't wait to see the 2030 MY failures! Investors are fools!