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Benzinga
Benzinga
Business
Henry Khederian

While Ford's Tariff Warnings Rattle Investors, A New $5B Bet On A $30K EV Truck Aims To Steer The Conversation

Ford Ford Motor Benzinga Edge
Bad,Homburg,,Germany,,03-2024:,Ford,Store,In,Bad,Homburg.,Ford

Ford Motor Co (NYSE:F) shares are trading flat Monday morning as investors weigh a major strategic announcement against recent financial guidance. Here’s what investors need to know.

What To Know: The automaker announced a $5 billion investment in American manufacturing to launch a new universal electric vehicle platform and a more efficient assembly system. This investment is projected to create or secure nearly 4,000 jobs across the Louisville Assembly Plant in Kentucky and the BlueOval Battery Park in Michigan.

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