$Ford Motor (F.US)$ Why, would Ford Co. or the Ford family m...
$Ford Motor(F.US$ Why, would Ford Co. or the Ford family merge or buy $Rivian Automotive(RIVN.US$ at $ 50 or $60 billion ??? It makes no financial sense !!!
Why , would Ford or Ford family want to merge or buy Tesla. Ford dose not need Tesla !!!
In fact, in my opinion. Ford should sell or spin off Arrgo. Ford can always buy what it need. Ford has already received cash from V wagon. It would be like a large Co. selling off its large office building & lesioning it back. Giving it immediate capital (not that Ford needs it).
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Butterflypuls : I have come to realize, my 2nd paragraph was incorrect in its specifics.
The meaning remains the same.
Argo is a investment that should be sold.
One mans opinion.
FreyatheFre : At some point Farley is going to have an "Autonomy Day" that will present Ford's plans with Argo. At least that is what Farley said back in May and that it would happen before the year is out. I take it is not happening by the end of the year but I'm sure it will happen soon. I'm just waiting for that event and then we will see what we see.
got the heart FreyatheFre: Hi & hope U are enjoying the holiday. Thanks for the info. I find the Argo position with Ford very confusing. I just don't see any profit with Argo, if any, for many years. I am also surre, if need, they can buy from Argo, with out tying up their capital.
Hope Mr. Farley will cclear things up as U have said.