Ford Motors CFO on Q1 Wins and Losses, Expected Cuts
Ford Motors CEO John Lawler joined Cheddar News to talk discuss the company's Q1 wins and losses. The interview follows Ford's earnings report yielded better than expected results. Lawler also said the automaker was expecting to make significant cuts as the company's EV sector continues to lose money.
Wall Street is shaky Thursday as investors consider both the upsides and downsides of the latest signals that the U.S. economy remains in much better shape than feared.
Threatened by possible shortages of lithium for electric car batteries, automakers are racing to lock in supplies of the once-obscure “white gold” in a politically and environmentally fraught competition from China to Nevada to Chile.