The Coming Collapse of Ford Due to its Abandonment of its EV Business

Ford just took a $19.5 billion write-down, given what they spent, all for nought, into its foray into electric transportation.  That’s about twice its annual earnings.

Worse, it means that Ford will become essentially irrelevant in about 10 years, according to the speaker in the video below, who is referring to the trend toward autonomous vehicles.