Ford is not controlled by the family. not even close.
stop making up stuff.
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Launch is Imminent
- Thread starter T3SLAROD
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stop making up stuff.
Cheburashka
Active Member
LOL!
Seriously? CNN as a source that proves nothing?
Ford is most definitely controlled by the Ford family still. Your link proves nothing other than your own lack of understanding.
zoomer0056
Active Member
New bait for you to build on! Tesla is actively doing human trafficking and employee water boarding! Run with it!
I knew it!!! No reason to build a truck with a bed like that. And water boarding is a widely recognized union deterrent.
Wouldn’t matter because “But But Henry Ford!”
Besides Tesla displayed a 6 seater and they have delivered
That Bed looks shorter than 6 feet.
zoomer0056
Active Member
Jeeze Louise ... so much lick bait out there on YouTube.
Knightshade
Well-Known Member
Except, they are.
You cited common shares, which doesn't speak to voting power. Ford family owns Class B shares, available only to family members, but which have massively more voting power than common shares.
Bill Ford is doubling down on Ford shares, and quietly amassing more control of his great-grandfather's company in the process
The decision to purchase the shares bucks a recent trend by CEOs and corporate insiders who sold a record $69 billion in stock in 2021.
www.cnbc.com
They are by a massive amount the largest bloc of voting shares.
I suggest you take your own advice.
Knightshade
Well-Known Member
Dude.
My post literally says "FWIW, not to defend Elons garbage- because it is garbage"
Perhaps consider the "Elon can do no right" folks are just as bad as the "Elon can do no wrong" ones.
Weird- most reviews I've seen cite a ton of improvements, especially suspension and interior.
Amazing how people have analysis of something without official specs.
So Raven and Plaid are imaginary?
They have. I even cited the lawsuits and payouts they've had to make. They just got a TON less OMG LOOK AT THIS STUFF in social media compared to the Elon stuff.
To be fair- the tire thing literally killed hundreds of people
Elons tweet, to my knowledge directly caused 0 deaths.
Again, BOTH things are bad, but maybe your bias is making you reverse which is objectively worse?
Again, Ford family has, by far, the most voting power in the company. They were on the board when these decisions were made and the CEO and COO when they finally were forced to do recalls was literally the great-grandson of Henry Ford.
So 40% of the vote = controlling ? lol. That is defined as 50%+. Especially as the 40% is split among multiple family members and even *if* they all agree they are still well short of any controlling share of the vote.Except, they are.
You cited common shares, which doesn't speak to voting power. Ford family owns Class B shares, available only to family members, but which have massively more voting power than common shares.
Bill Ford is doubling down on Ford shares, and quietly amassing more control of his great-grandfather's company in the process
The decision to purchase the shares bucks a recent trend by CEOs and corporate insiders who sold a record $69 billion in stock in 2021.
They are by a massive amount the largest bloc of voting shares.
I suggest you take your own advice.
Knightshade
Well-Known Member
If you look at actual voting results, effectively yes.
A Ford family member has been chairman, CEO, or president of the company for all but nearly 20 years of its 118-year history. And there has always been at least one, and more often two Ford men serving on the board.
My post literally says "FWIW, not to defend Elons garbage- because it is garbage"
Then proceeds with whataboutism….. ok
Again, I can see the board room: “Sir, we need to lower the tire pressures”…. Ford: “Do it!”
Nice try
Knightshade
Well-Known Member
Uh, I wasn't the person who brought up Ford or VW in the first place.
I did clarify that your dismissal of them being brought up was factually incorrect- in that many of their crimes aren't just 80 years in the past- because they aren't. They're pretty recent, and did far more harm to actual people, including hundreds of human deaths in Fords case.
Again, I can see the board room: “Sir, we need to lower the tire pressures”…. Ford: “Do it!”
Nice try
I mean, they LITERALLY chose to lower tire pressures as a band aid rather than actually design the vehicle correctly.
Not "random low level engineer" making that decision- Ford executives.
They decided bolting a big SUV box onto a small pickup chassis would be cheaper and faster than properly designing a new vehicle. That's not a decision random joe engineer makes.
And it's not like any of this was new info to Ford executives. They were aware of stability issues with the Explorer prototype in May of 1987 per internal memos. Further memos tell the Ford execs there's a bunch of engineering changes that can make the truck safer- some quick Band-Aids that might help some, others significant/costly ones that'd delay production but make the vehicle significantly safer-- Management tells them "Do anything on the list that won't delay launching the truck, but nothing else"
But hey if you want more RECENT examples of Ford intentionally cheeping out on safety here ya go:
Ford Truck Rollover Wrongful Death Lawsuit Results in $1.7 Billion Judgment Against Automaker
Ford has been ordered to pay $1.7 billion to the children of a couple killed in an F-250 "Super Duty" truck rollover accident.
www.aboutlawsuits.com
1.7 billion dollar punitive judgement from about a year ago regarding Ford Super Duty trucks sold from 1999 through 2016, knowingly doing so for many many years with weak/defective roofs that wouldn't hold up in a rollover accident and led to numerous actual deaths.
FYI, the Chairman and CEO of Ford in 1999? William Clay Ford Jr. He's STILL executive chair of Ford today
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