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this post was submitted on 02 Apr 2024
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[Dormant] Electric Vehicles
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No shit. Proving yet again that auto industry executives are complete morons waiting for another bailout.
Ford didn't need or take a bailout.
They did ask for one from Congress, and when asked during testimony if they requested money from Mexico or China, the response was, "No, We're profitable in those countries."
But Ford mortgaged their brand instead and came out on top.