Chief Executive Officer #JimFarley wants to wall off #Ford’s electric operations from its internal combustion engine business and has even considered spinning off one or the other, people familiar with the effort said. A spinoff could generate the kind of earnings multiples that have given #Tesla a market value approaching $1 trillion.
But splitting the company, which Ford says it isn’t planning, may prove too difficult, so Farley instead may simply separate the EV business internally as its own unit as part of a broad reorganization that seeks to give Ford an edge in the electric age. $F$TSLA
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Getting ready for the BRIC.
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Ford Reportedly Plans To Separate Its EV Business: Here's Why
Chief Executive Officer #JimFarley wants to wall off #Ford’s electric operations from its internal combustion engine business and has even considered spinning off one or the other, people familiar with the effort said. A spinoff could generate the kind of earnings multiples that have given #Tesla a market value approaching $1 trillion.
But splitting the company, which Ford says it isn’t planning, may prove too difficult, so Farley instead may simply separate the EV business internally as its own unit as part of a broad reorganization that seeks to give Ford an edge in the electric age. $F $TSLA
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Up 270% yoy.
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That number is new energy cars not pure EV. Mainly plug-in hybrid.
Bitcoin, Ethereum, Dogecoin Must Climb Above This Key Level To Avoid Feeding The Bears
I'm not worried about #DOGE. But #bitcoin and the others... I don't understand the point of it. $DOG-X $BITCOMP.