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Ford is Coming to a Middle Road on Electric... But Don't Panic!
Ford is losing a lot of money in electric cars — but CEO Jim Farley is charging ahead. Competition is fierce. Tesla dominates the industry, both in the U.S. and globally, and legacy automakers are falling over themselves to figure out exactly how, and how quickly, they can catch up.
Ford is losing money on each EV it sells, so the reason for the shift in plans didn't seem to be a mystery.Don’t hate on Ford’s big, gas-guzzling trucks, because they’re funding its electric future
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