Ford's Profit Growth Driven by SUV and Pickup Sales Despite Challenges
Ford's stock rose after better-than-expected Q3 earnings despite an $1.4 billion loss in its EV division, driven by strong revenue growth, positive analyst upgrades, and strategic plans including a new electric vehicle platform and a $30,000 EV aimed at a 'Model T' moment. The company faces challenges like a supplier fire but remains optimistic about its full-year performance and future EV offerings.