Ford's EV sales, including Mustang Mach-E, F-150 Lightning, and E-Transit van, have surged, offsetting Tesla's decline. The company faces initial losses as legacy automakers need time to profit from EV investments.
Ford's successful sales were boosted by price cuts for the Mach-E model, making it more competitive. The company's CFO emphasized competitiveness and market performance during an April conference call.
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