Ford cancels another electric vehicle plan and loses $2 billion to do so — Should investors be worried?

I see (NYSE:F) recently delayed plans for its long-awaited new electric pickup truck and canceled plans for a three-row electric SUV. That will cost the automaker $1.9 billion, and many investors are a little worried about the future of Ford’s electric vehicle strategy. In this video, Fool.com contributors John Rosevear and Matt Frankel discuss whether investors should be worried.

*The stock prices used were the morning prices of August 23, 2024. The video was published on August 30, 2024.

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