A $35 Million EV Mistake Has Ford Motor Company Scrambling
Stansberry Research Stansberry Research
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 Published On Apr 11, 2024

In 2023, Ford managed to sell roughly 24,165 F-150 Lightning trucks. That translated to just about 3% of the company’s total F-series truck sales. In today's video from our corporate affiliate Chaikin Analytics, Pete Carmasino explains how things are looking bad enough that Ford could be paying out $35 million to a specific set of employees just to stop their work on F-150 Lightning production.

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About Pete Carmasino

Pete Carmasino is the chief market strategist at Chaikin Analytics. He has more than 25 years in the financial-services industry. Pete's years of knowledge in many different strategies help thousands of our subscribers to decipher the markets... His ability to take complex concepts and break them down into digestible information is a true asset. Pete brings portfolio-management experience to Chaikin Analytics from some of the largest names in finance – including Prudential Securities, Lehman Brothers, Wachovia Securities, and PNC Investments.

Follow on X: @PeteCarmasino

#electricvehicle #stocks #ford

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