[Source.](https://ace.mu.nu/archives/411167.php) > The nightmare for Ford Motor Company and its destructive CEO, Jim Farley, continues. As I have been documenting, Mr. Farley is a left-wing, eco-globalist who made the gamble to either transition Ford into a successful electric vehicle company, or to destroy the company while trying. He is destroying it. > Ford will not become a successful EV company, and it is questionable now how long Ford can withstand Farley’s catastrophic mismanagement. The bad news for Ford keeps coming as the “EV transition” fizzles out. The only profitable market for EVs is as a boutique, luxury product for status-seeking consumers who mainly use their vehicles for city driving. Tesla has that market sewn up, and those niche buyers are not interested in mass-market EV marques. > News just broke this week that on top of losing billions of dollars each year on its existing portfolio of EV products, Ford is going to take another huge loss to cancel planned production of an unwanted 3-row SUV, in addition to booking other charges related to its EV disaster.