Links to follow, but the screenshot says it all.
Corroboration was not needed, but this corroborates the Ford story in spaces, as my dad would say. This is, in a word: devastating.
EVs: how are the EVs doing pre-market?
- GM: down slightly; flat;
- F: down 3%;
- TSLA: down 4%; breaks below $700;
- RIDE: down 3%
- GOEV: down 4%;
- ELMS: up 26%; from 14 cents to 18 cents; said to be seeking bankruptcy protection;
- RIVN: down 3.6%;
RIVN leads us to AMZN:
- down 3%
- AMZN trading at $108
Ford:
- in addition to price story yesterday, two additional links:
- amid recalls, Ford says costs to build Mustang Mach-E are skyrocketing;
- Ford halts Mustang Mach-E deliveries for battery recall;
- I think there might have been another Ford recall but not interested in checking
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