Ford (F) Adjusts EV Strategy: How Should You Play the Stock Now?
FFord Motor(F) ZACKS·2024-08-22 22:50

Ford (F) has announced adjustments to its electric vehicle (EV) strategy amid slower-than-expected EV adoption and pricing pressure as automakers are resorting to generous discounts. With competition intensifying and the path to profitability in the EV business proving more complex than anticipated, Ford is rethinking its approach to ensure sustainable growth and competitiveness. In this context, we’ll discuss Ford’s updated EV plans and how investors should approach the stock in the current environment.For ...