I'm thinking they want to liquidate their $RIVN stock to finance the need to completely retool for EVs. #Ford $F can't easily finance that activity from retail profits anymore, since the ICE lineups will not see good profits. They'll see plenty of losses, though.

Ford's longtime bread and butter lineup of ICE F150's is having the rug pulled out from under it....every Lightning Ford sells is just one less ICE F150 that they could have sold.

Don't get me wrong....that's a good thing, IMO. But I think F150 sales are going to take a massive Mike Tyson-sized right hook to the jaw.

I expect that writing off their ICE product lines, in conjunction with the loss of their ICE lineups, will limit their EV capacity expansion and probably will break this company unless they get a massive cash injection from the Feds.

DISCLAIMER: TSLA and EV bull. GM/Ford bear.