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As a long time Ford shareholder, this article seems to be applying a cause and effect that is at best speculative. It's important not to confuse share price wit
by dkrich 9y ago
As a long time Ford shareholder, this article seems to be applying a cause and effect that is at best speculative. It's important not to confuse share price with company performance, because in the short term the two can have zero correlation.
This move has to do with one thing and one thing only- share price. The Ford family isn't satisfied with the image Fields was giving the company to investors and wants to shake things up in the hopes of jump starting the demand for its stock.
Despite the doom and gloom image portrayed in the article, Ford has actually been wildly profitable for years and is far from struggling. In fact they are coming off a series of the most profitable quarters in company history. This move has little to nothing to do with autonomous car development or electric for that matter, both of which Ford is already investing in heavily.