Ford’s CEO has issued a shocking bankruptcy warning, admitting that new EV competition could put legacy automakers out of business! With Chinese EV makers, Tesla, and BYD dominating global markets, traditional car companies like Ford are struggling to keep up with rapid electric vehicle innovation and falling prices. This video breaks down how the EV revolution, battery tech, and production costs are reshaping the future of the automotive industry.
This put a huge smile on my face ngl, guess that’s the result when they just keep pocketing any subsidies instead of actually making and improving shit.