Ford Motor Company Is Losing $165 Million a Day. Is it Time to Sell?
Ford Motor Company Is Losing $165 Million a Day. Is it Time to Sell? 1Ford Motor (NYSE:F) has closed most of its factories around the world. With its factories closed, it isn’t shipping any cars or trucks, and it isn’t generating much revenue. But Ford still has huge expenses. In fact, I estimate that it’s burning around $165 million a day right now. On top of that, Ford has suspended its dividend, which was …
News story posted on 2020-04-21T11:10:00.0000000Z