Friday, July 19, 2024
HomeAutomobileFord’s EV worth cuts might stress profitability, a headwind the automaker wants...

Ford’s EV worth cuts might stress profitability, a headwind the automaker wants to handle


Attendees view a Ford Mustang Mach-E GT throughout opening day of the 2022 New York Worldwide Auto Present (NYIAS) in New York, on Friday, April 15, 2022.

Jeenah Moon | Bloomberg | Getty Photos

Ford Motor (F) confirmed Monday what Jim Cramer has been speculating for weeks: Worth cuts on its electrical autos following comparable strikes by Tesla (TSLA). Whereas partaking on this worth conflict was needed for Ford to remain aggressive and preserve buyer demand, we’re involved in regards to the dent the Membership holding faces in profitability.



Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments