Tuesday, August 12, 2025
Ford's Corporate Suicide
Ford has gone all-in on electric vehicles. Unfortunately for the company, the American people are not embracing electrics. They have reservations about one day trips with three five minute fill-ups becoming two day journeys with six hours of charging time necessitating an overnight stay at a hotel or bed and breakfast somewhere that becomes an expense and time commitment that with a petroleum-powered vehicle would not have been incurred. Not to mention that even with government subsidies, this type of vehicle was not selling, and Trump is ending Federal support for alternative powered vehicles and going back to drill baby drill. So Ford, which has been losing massively on electric vehicle sales, is committing two billion dollars of corporate money to retooling plants in Louisville and Michigan to produce electric trucks that few people will ever consider purchasing. In a capitalist society, you can't force folks to buy what is impractical to their needs and that they do not want and with government subsidies drying up, will put Ford under in short order.
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