Ford has racked up a jaw-dropping $35.1 billion in losses on its EV misadventure, which raises the question: why on earth does Ford chief executive Jim Farley still have a job?
Probably because the last administration did all but hold them at gunpoint to make them produce EVs. The only thing that ended up doing is souring the entire market on the type except for certain people who need them to signal their virtues. See GM's little fiasco with the diesel car that pretty much destroyed the market in the USA.
> Ford has racked up a jaw-dropping $35.1 billion in losses on its EV misadventure, which raises the question: why on earth does Ford chief executive Jim Farley still have a job?
Probably because the last administration did all but hold them at gunpoint to make them produce EVs. The only thing that ended up doing is souring the entire market on the type except for certain people who need them to signal their virtues. See GM's little fiasco with the diesel car that pretty much destroyed the market in the USA.
