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VWAPY - Why Did Ford Stock Drop And Can It Rebound?
Volkswagen AG ADR Repstg Pref Shs
Company vision is critical. CEO Jim Farley has it.
The challenge is about execution and managing the swap out of BEV for ICE.
Tesla’s BEV production was 936,000 in 2021 and is expected to be 1.4 million in 2022.
Ford plans to have 600,000 BEV manufacturing capacity by end of 2023. Will this be enough to keep Ford in the game, and what will happen to ICE sales in the near term?
Ford is bringing a lot of the key elements together, but the future is not assured.