Ford Motor no longer bothers to hold press conferences covering monthly sales. Yesterday Jim Farley, President and Chief Executive Officer when asked at the Alliance Bernstein Strategic Decisions Conference about Tesla and five other EV companies with a market cap above $20 billion – meaning the market is saying there’re at least six credible new entrants – said, “We’re going to see very large consolidation and big changes. I would say new EV companies probably will get simpler and Chinese will become more important…
Ford Motor US Sales Drop Again in May. Shakeout Coming?