this post was submitted on 17 Oct 2023
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Ford lays off 700 who were building electric version of F-150 | CNN Business (www.cnn.com)
submitted 1 year ago by L4s to c/technology
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Ford lays off 700 who were building electric version of F-150 | CNN Business::Ford is laying off about 700 workers who build the F-150 Lightning, the electric version of its best-selling pickup truck, and unlike other recent layoffs this one has nothing to do with the ongoing strike by the United Auto Workers union.

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[โ€“] [email protected] 23 points 1 year ago (1 children)

Ford? More like the whole Western auto industry.

[โ€“] partial_accumen 2 points 1 year ago

Ford? More like the whole Western auto industry.

Politics about its man-child leader aside, Tesla (which is part of the Western auto industry) is extremely successful on both production ramping, with high margins, with strong sales. In 2023 the Tesla model Y is the best selling car in the world displacing ~20 year holder of that title, the Toyota Camry.