Ford sets $19.5 billion on fire to discover that batteries don’t defy physics, markets still obey math, and Rudolf Diesel is laughing quietly from the afterlife.
ord’s $19.5 billion EV write-down is the sort of number that makes accountants weep softly into their spreadsheets while executives insist everything is “part of the strategy.”
Jim Farley once declared the all-electric F-150…
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