Low profits & costly EV line cause Ford to tumble in market's after-hours

The Kobeissi Letter

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BREAKING: Ford stock, $F, falls over 10% on the day after posting a massive earnings miss. Ford reported EPS of $0.47 which was a whopping 31% below expectations of $0.68. Ford also posted $44.0 billion of Automotive revenue, below expectations of $44.8 billion. Warranty…