All I know is that Jim Farley placed ALL his chips on EV, rightfully so. I don't not know if Ford legacy dealerships, etc. will let him crash Tesla (and Rivian).
Will see how Rivian pans out and yes it was stupid for Ford to invest no matter the windfall. Rivian is an existential threat and like Tesla, Rivian is not weighted down by ICE, Dealers and all the legacy grifters in between. See my post here...
Ford CEO speaks about Tesla:
"If Ford was a trillion-dollar company, our stock would be worth about $250 a share. Think about the value creation of Tesla right now. And they have resources, smart people, the Model 3 is now the best-selling vehicle in Europe. Not electric. Flat out. It was the...
waiting is no longer part of the culture but people buy a car as necessity not a luxury so you can't have a fluid delivery. This makes no sense. One needs a car to drive and to plan accordingly. What are YOU going to do if your lease is up? Tell me. Especially used market as it is.
https://www.f150gen14.com/forum/threads/ford-unveils-f-100-eluminator-concept-w-e-crate-motor-from-mach-e-now-available-for-custom-builds.6735/
Ford has shown off a one-off electric reworking of its venerable 1978 Ford F100 pick-up truck at the SEMA show in Las Vegas.
Why would Ford invest in Rivian when it hurts it's core business?
https://www.wsj.com/articles/rivians-60-billion-ev-challenge-to-detroit-11635860079
"Ford’s potential $6 billion windfall as a result of its early investment in Rivian is little compared with what it stands to lose if the startup...