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Originally Posted by MTG#10
I recently bought a decent amount of F stock in anticipation of this.
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[emoji51] They might make it, but the task of phasing out the entirely of your IP assets while investing heavily into something you'll lose money on to be competitive will beat tough one.
Not to mention you either convert current factories into inefficient/expensive new factories and literally 75%+ of your workforce is worthless moving forward.
It'll be tough. Ford already reorganized in preparation to dump the ICE business before it goes belly up. They are in a much better position that GM. GM made the decision to move earlier/faster, but got way out ahead of their skis. If they keep it up with the self inflicted wounds, they won't make it.
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