Ford CFO Says Company "Not Providing A Date" For Producing 2M EvS Annually; Previously Targeted End Of 2026
Portfolio Pulse from Benzinga Newsdesk
Ford's CFO has stated that the company is not providing a date for when it will be able to produce 2 million electric vehicles (EVs) annually. This is a change from their previous target of the end of 2026.
July 27, 2023 | 8:35 pm
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Ford's lack of a clear timeline for reaching its EV production target could create uncertainty among investors, potentially impacting the company's stock price.
Ford's previous target of producing 2 million EVs annually by the end of 2026 was a clear goal that investors could factor into their decisions. The lack of a new date creates uncertainty, which could negatively impact the company's stock price in the short term.
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