2daMoon
Mostly Harmless
Im surprised there is not more widespread coverage, and discussion of, and frankly anger about the US government just handing the largest loan in their history to Ford because Ford have been so spectacularly clueless about EVs until now.
This loan is 20x the size of the loan the govt gave Tesla. What the hell is so special about Ford that they deserve this, rather than Lucid, Rivian or Tesla?
It smacks of extreme corruption to me, and pouring good money after bad. At the very least, it should have been conditional on firing the entire board of directors for gross uselessness in the obvious, well-signaled face of the EV transition.
I'm furious and I'm not even a US tax payer. I suspect ford's advertising dollars will help them ensure the news is buried in the back pages so voters do not notice...
Just wait until they cut the check to Mary...