Ford cuts electric F-150 Lightning production, takes $19.5B charge in strategic shift
Ford CEO Jim Farley updates consumers on the state of the company on ‘Kudlow.’ 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…
