Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Ford Is Canceling Another Electric Vehicle Plan and Losing $2 Billion to Do It -- Should Investors Be Worried?

TheMotleyFool

0 0

Ford Is Canceling Another Electric Vehicle Plan and Losing $2 Billion to Do It -- Should Investors Be Worried?: https://g.foolcdn.com/editorial/images/789166/buying-a-car-2023.jpg

Ford (NYSE: F) recently delayed plans for its much-anticipated new electric pickup truck and canceled plans for a three-row electric SUV altogether. This will cost the automaker $1.9 billion, and many investors are a bit concerned about the future of Ford's EV strategy. In this video, Fool.com contributors John Rosevear and Matt Frankel discuss whether investors should be worried.

*Stock prices used were the morning prices of Aug. 23, 2024. The video was published on Aug. 30, 2024.

Source Fool.com

Like: 0

Share