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Huge cost? The board won't fire them for misspending a measly 5% of the their cash hoard. (" Ford Motor cash on hand for the quarter ending December 31, 2022 wa
by chx 4y ago
Huge cost? The board won't fire them for misspending a measly 5% of the their cash hoard. ("
Ford Motor cash on hand for the quarter ending December 31, 2022 was $44.070B, a 11.14% decline year-over-year.")
They wrote off 7.3B because of Rivian and still no one got fired.
What huge cost?