How Ford Is Becoming an AI Stock After the Wheels Fell Off Its EV Strategy [Yahoo! Finance]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance
In December 2025, Ford announced it was canceling several planned electric vehicle models and taking a $19.5 billion write-down. Ford isn't quitting the EV market, but shifting its approach. The company is also repurposing one of its electric vehicle plants to build energy storage systems, making Ford a potential player in helping power data centers for artificial intelligence (AI). Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Here is what all these changes could mean for Ford stock Image source: The Motley Fool. Ford isn't ditching EVs entirely The problem with Ford's initial EV strategy was that it jumped in with both feet, but couldn't generate the sales volume quickly enough to turn its EVs profitable. Ford hasn't completely quit EVs. It's developing a direct competitor for Tesla 's popular Mode
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TSLA
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- 1/28/26 - Beat
TSLA
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- 4/2/26 - Form 4
- 4/2/26 - Form 8-K
- 4/1/26 - Form 4
- TSLA's page on the SEC website