Ford (F) races past Q3 2022 revenue expectations on EV boost, absorbing Argo engineers to boost self-driving tech
Ford (F) released its third-quarter 2022 earnings report after the stock market close today. The automaker has been battling supply chain bottlenecks all year, warning investors of a hit to its bottom line last month.
According to the automaker’s release, Ford beat Q3 2022 revenue as its electric vehicles continue gaining momentum. In addition, the company says it will be transferring its self-driving tech interests internally after a significant loss on its Argo AI investment.
The post Ford (F) races past Q3 2022 revenue expectations on EV boost, absorbing Argo engineers to boost self-driving tech appeared first on Electrek.
