Price cuts for Ford’s electric vehicles could put pressure on profitability, a headwind the automaker faces
Attendees view a Ford Mustang Mach-E GT during the opening day of the 2022 New York International Auto Show (NYIAS) in New York City on Friday, April 15, 2022.
Jeena Moon | Bloomberg | Getty Images
Ford engine (F) confirmed on Monday what Jim Cramer has been speculating for weeks: price cuts on his electric vehicles following similar moves by You’re here (TSLA). While engaging in this price war was necessary for Ford to remain competitive and maintain customer demand, we are concerned about Club Holding’s declining profitability.
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