Ford Starts Its Biggest Bet Against Tesla, GM

Ford’s road  (F)  to future popular and stock market success rests on a big gamble in the form of a gigantic factory near Memphis Tennessee. 

The blue oval brand has set itself the ambition of producing 2 million electric vehicles globally per year by the end of 2026. In 2021, the group only manufactured 27,140 electric vehicles in the United States. This means that reaching 2 million units five years later is a huge challenge even when your name is Ford, a company that has been producing and selling vehicles around the world for several decades. 

Source: https://www.thestreet.com/investing/ford-starts-its-biggest-bet-against-tesla-gm?puc=yahoo&cm_ven=YAHOO&yptr=yahoo