Ford Gains Despite Bad News for Electric Car Buyers
Automaker Ford (F) recently made a play for the electric vehicle market. Given the success of Tesla (TSLA), that''s not a bad idea. Some recent bad news should have soured the market a bit on Ford''s plans, but the company notched up over 1% halfway through Thursday''s trading session. What should have been a hit to the company proved welcome for investors, as CEO Jim Farley went on record about truck prices. More specifically, the price of the F-150 Lightning, the new electric pickup model from Ford.
Ford Gains Despite Bad News for Electric Car Buyers
Automaker Ford (F) recently made a play for the electric vehicle market. Given the success of Tesla (TSLA), that''s not a bad idea. Some recent bad news should have soured the market a bit on Ford''s plans, but the company notched up over 1% halfway through Thursday''s trading session. What should have been a hit to the company proved welcome for investors, as CEO Jim Farley went on record about truck prices. More specifically, the price of the F-150 Lightning, the new electric pickup model from Ford.