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Ford Stock Rises as CEO Confronts ’Shocking’ EV Realities

Ford Stock Rises as CEO Confronts ’Shocking’ EV Realities

Author:

Global Cryptocurrency

Published:

2025-11-11 23:19:01

15

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BTCCSquare news:

Ford shares gained modestly Tuesday as CEO Jim Farley revealed startling insights from teardowns of Tesla and Chinese EVs. The legacy automaker discovered its Mustang Mach-E carried 1.6 kilometers more wiring than Tesla's Model 3—adding costly weight and battery requirements.

Farley described the findings as humbling during Ford's push toward a $30,000 EV model slated for 2027. The revelations come as traditional automakers face unprecedented competition from agile electric vehicle specialists.

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