Bankruptcy Protection is Ford CEO Objective.
How can any company survive when you are loosing $5 billion per year.
5 replies (most recent on top)
No buy backs? Are you sure about that, or just believe whatever JF spews forth?
https://www.financecharts.com/stocks/F/cash-flow/repurchase-of-capital-stock#:~:text=Ford%20Motor%20(F)%20bought%20back,the%20same%20period%20last%20year.
So it's ok to lose $5 billion per year, since ICE business is going to pay for it.
If this is Ford CEO strategy, then the CEO must be fired.
Complaints should be factual.
One unit of an entire company does not reflect total profit. Yes Model e is losing money, but Ford Motor is profitable. The stock never goes up because they do not do buybacks and funnel free cash flow to the dividend.
If I understand it correctly, the loss was on EVs. ICE vehicles sales made up for the deficit.
Objectives at Ford is a big joke. Copy and paste everyone!!!