Ford offers investors big bets but finds few takers


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Ford Motor Co CEO Jim Farley has yet to convince investors the automaker’s next generation of electric vehicles can hit 2026 profit targets, but he is already worrying about the third generation of Ford EVs that will launch late in this decade. “The third cycle of connected, digital products will be different,” Farley said on Monday during a discussion with several analysts at the end of Ford’s Capital Markets Day. “You have to be competitive with BYD and Tesla.” Even if Ford hits its goal of boosting EV pretax profit margins to 8%, it will lag Tesla Inc’s current margins....