The shares have been on a tear since Farley became CEO 15 months ago, after falling to a 10-year low under his predecessor. Farley accelerated Ford’s shift to electric and autonomous vehicles. He has pledged that Ford will build 600,000 EVs a year by 2024 with more to come from battery and assembly plants the company is building in Tennessee and Kentucky.
Investors “seem to like that we’ve come up with a way to execute the product in a way that it’s in high demand,” Farley said. “Although I’m extremely thankful for the recognition of the team’s hard work, in my mind, we’re just getting started.”
Related Posts
Denial of responsibility! TechnoCodex is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.
