Your email has been successfully added to our mailing list.

×
0 0.000733944954128425 -0.000366972477064147 0.000733944954128425 0.0011009174311927 0 0.00330275229357798 0.00330275229357798
Stock impact report

Ford cuts electric F-150 Lightning production, takes $19.5B charge in strategic shift [FOX Business Network]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Ford CEO Jim Farley announced the company is cutting production of the electric F-150 Lightning and refocusing its investment on hybrid vehicles and affordable EVs. The Detroit automaker announced the move on Monday and explained it will take a $19.5 billion charge on its EV assets and product roadmap. The change will bring about roughly $5.5 billion in cash effects with the majority paid in 2026 and the remainder in 2027. Farley appeared on FOX Business Network's " Kudlow " and said the move will allow Ford to realize more of its upside potential, saying, "We think this is a better play for our company and for our shareholders. "Rather than spend billions more on these large EVs that we had planned that have no path to profitability, we're going to pour our investments into higher margin areas — more American-built trucks, more American-built vans, hybrids across our lineup and even affordable EVs built in Kentucky. And we're going to go into the energy storage business in the Show less Read more
Impact Snapshot
Event Time:
F
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for F alerts
Opt-in for
F alerts

from News Quantified
Opt-in for
F alerts

from News Quantified