Ford Stock Dips 17 Percent, EVs Lose $1.1 Billion in Second Quarter

By Naveen Athrappully Ford registered a marginal increase in profits for the second quarter of 2024, but the company’s share price tumbled after its earnings release amid a poor performance on the electric vehicle (EV) front. While the Michigan-based auto manufacturer reported a 3.8 percent increase in net income for the second quarter compared to […]