To put perspective on the business, Ford made 7 billion last year with the ICE engine cars, not exactly record breaking. That was after they decided to abandon the car market. Pretty sure Henry's mission statement included the words, practical, reliable, affordable cars. They have been losing 3.2 billion per quarter with their co-op with the red chinese on electric car technology. You know those brilliant designs that catch fire in storage, catch fire while charging, catch fire while driving and catch fire when you park them. 8 per day in Bejing, burning a bunch of real estate with them.
As someone who has been sitting on what was once a small fortune in FOMOCO stock, Watching Ford CEO Jim Farley, who also sits as an insider in Washington DC, keep flogging the dead chinese EV dog has me way more concerned than paying the workers. Just to spread the love, Farley was installed on the Board of Harley Davidson in late 2021 joining everyone's buddy, bill gates..
As someone who has been sitting on what was once a small fortune in FOMOCO stock, Watching Ford CEO Jim Farley, who also sits as an insider in Washington DC, keep flogging the dead chinese EV dog has me way more concerned than paying the workers. Just to spread the love, Farley was installed on the Board of Harley Davidson in late 2021 joining everyone's buddy, bill gates..
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