Part 1/10:
The Tumble of an Automotive Giant: Ford's Struggles Explained
July 24, 2024, marked a significant moment for Ford Motor Company as it faced a harsh reality during its earnings call. Executives, seemingly apprehensive, confronted angry investors and skeptical analysts who were disillusioned after Ford missed Wall Street's earnings expectations. The company's share price plummeted, seeing its lowest drop since the financial crash of 2008, with a staggering $103 billion in debt adding to the concern.