Ford (NYSE: F) recently delayed plans for its much-anticipated new electric pickup truck and canceled plans for a three-row electric SUV altogether. This will cost the automaker $1.9 billion, and many investors are a bit concerned about the future of Ford’s EV strategy. In this video, Fool.com contributors John Rosevear and Matt Frankel discuss whether investors should be worried.
*Stock prices used were the morning prices of Aug. 23, 2024. The video was published on Aug. 30, 2024.
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Matt Frankel has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
