Anyone else recall Farley sending out the press release about Ford exceeding GM market capitalization in December 2021? Or the press release Farley sent out in January 2022 about Ford exceeding $100B market capitalization?
Well, here we are over three years later valued at only $48B, while GM is $55B.
Why is Farley still here? Company value cut in half. Losing market share. Quality not improving. His pet project Ford Next is losing $3 Billion per year. He must have photos of Bill with his pet sheep.