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-0.00070821529745041 -0.00070821529745041 -0.0024787535410765 0.00106232294617568 -0.00177053824362609 -0.00389518413597732 -0.00383852691218129 -0.00658640226628895
Stock impact report

Picking economic winners and losers harder than ever for state governments [Yahoo! Finance]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Company Research Source: Yahoo! Finance
Ford Motor Co.'s staggering $19.5 billion write-down of its massive electric vehicle investment is a stark illustration of how difficult it's become for state governments to pick winning companies and technologies. States have had mixed success in luring jobs and investments with tax abatements, upfront cash and other goodies. And at least 75% of the time , companies would have made the same location decisions had incentives not been offered, according to research by Tim Bartik, senior economist at the Upjohn Institute for Employment Research in Kalamazoo. But rapid technological change, political shifts, market upheavals and outright hostility to major development projects have made putting taxpayer dollars into massive brick-and-mortar factories and data centers an increasingly risky endeavor. In 2021, Ford announced an $11.4 billion investment —the largest in its history—to build an electric vehicle assembly plant and battery plant in Tennessee and two battery plants in Kent Show less Read more
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