Ford losing billions on EVs, not a problem for stock, Barron’s says

Ford Motor finally gave investors a peek at the electric-vehicle start-up it’s been incubating inside its 119-year-old self. While the stock’s decline suggests disappointment, there’s more to like than the market is giving it credit for, Al Root writes in this week’s edition of Barron’s. Ford is still profitable, even with all its spending on EVs. If Ford can hang on to profits in its traditional businesses, which include credit and commercial units that aren’t affected by the EV transition, investors could be looking at $15 billion to $20 billion in annual operating earnings by the end of the decade, the author notes. Reference Link