Ford’s EV blunder reinforces decision to drop stock if no progress

Ford CEO Jim Farley pats a Ford F-150 Lightning truck before announcing at a news conference that Ford Motor Company will be working with the world’s largest battery company, a China-based company called Contemporary Amperex Technology, to build a battery factory for electric vehicles to be erected at Marshall, Michigan on February 13, 2023 at Romulus, Michigan.

Bill Pugliano | News from Getty Images | Getty Images

Ford engine (F’s) decision to stop production and shipments of its electric pickup truck further undermines our confidence in the automaker. We have little patience for further missteps and are willing to exit this long-held position if there is no significant reversal this quarter.

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