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.
I swear I’m seeing this headline once a month for the past year. What do they want, another bailout?
Sure, Americans insist we must subsidize our precious corporate overlords, but when I suggest nationalizing them…that’s somehow unthinkable.