Is this video too sensational, or is there some truth that the Cybertruck will threaten Ford's primary business so much that Ford's business model, heavily reliant on the profit margins from conventional pickups, will fail?
Will Covid-19 + the extraordinary capital investment required for EVs right now + lower truck volumes (less profit coming in) equal the end for Ford?
If you really think Ford will survive, their stock is down almost 70% right now.
Will Covid-19 + the extraordinary capital investment required for EVs right now + lower truck volumes (less profit coming in) equal the end for Ford?
If you really think Ford will survive, their stock is down almost 70% right now.