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Ford Takes Record $19.5 Billion Charge As EV Bet Implodes, Pivots To Grid Batteries

Ford Takes Record $19.5 Billion Charge As EV Bet Implodes, Pivots To Grid Batteries Shares of Ford in New York have yet to hit a new high since the debut of the all-electric F-150 Lightning in April 2022. What was pitched as a flagship EV push has since devolved into an epic miscalculation, with the......

Source: Zero Hedge

Original URL: https://www.zerohedge.com/markets/ford-takes-record-195-billion-charge-ev-bet-implodes-pivots-grid-batteries