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Originally Posted by Joshuatree
Ford share price in May 9 1997 $13.29
Ford (F)@ Market close today $13.17
Imagine if you invested in this company if you were born in 1997.
Ford has to run there company at a loss to change the make up of there company into EVs.
They will most likely go bankrupt unless they rely on government support, as we have seen with Holden in Australia (and NZ) government support will eventually dry out.
Most of these legacy ICE manufacturers will eventually go under in the next decade or so.
Last edited by TeslaGod; 26-08-2021 at 03:53 PM.
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