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Description: CNBC's Phil LeBeau speaks to Ford CEO Jim Farley ahead of Capital Markets Day in Dearborn, Michigan. Farley addressed ...
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Text duration start ents sentiment
general 10 ebit margin by 2026 and you 7.62 Jump to 9.9 CARDINAL 10 DATE 2026
years if for a hundred years it's been 4.02 Jump to 45.48 DATE a hundred years
Phil we're going to turn 120 years old 4.14 Jump to 51.48 PERSON Phil DATE 120 years old
have the chance to grow to almost 6 4.261 Jump to 73.619 CARDINAL almost 6
million vehicles but most importantly we 4.921 Jump to 75.119
in like three buckets is very clear the 3.959 Jump to 84.84 CARDINAL three
business has been growing 40 to 50 5.281 Jump to 127.619 CARDINAL 40 to
is already 30 40 percent and we're going 4.86 Jump to 135.72 PERCENT 30 40 percent
including Pro going up to 2 million uh 6.72 Jump to 151.379 MONEY up to 2 million
by 2026. you've seen the analyst notes 5.399 Jump to 154.92 DATE 2026
this is crazy you're going from 600 000 4.741 Jump to 160.319 MONEY 600 000
at the end of this year to 2 million by 4.2 Jump to 163.14 DATE the end of this year CARDINAL 2 million
26 and more than a few on Wall Street 3.66 Jump to 165.06 CARDINAL 26
2 million will be incremental to the 3.539 Jump to 181.92 CARDINAL 2 million
two years into the lightning launch 3.48 Jump to 187.2 DATE two years
case it isn't I I agree with you 100 you 4.621 Jump to 223.319 CARDINAL 100
with all three of our EVS a conquesting 4.801 Jump to 258.419 CARDINAL three
a lot more efficient 20 30 percent more 4.56 Jump to 299.639 PERCENT 20 30 percent
saying we can hit 10 even margins and 5.52 Jump to 352.32 CARDINAL 10
eight percent for EVS by 26. yes it's a 4.799 Jump to 354.84 PERCENT eight percent ORG EVS CARDINAL 26
our second gen products now that are in 4.859 Jump to 365.28 ORDINAL second
totally different than our first gen 3.661 Jump to 370.139 ORDINAL first
send to a tier one supplier we know how 4.921 Jump to 379.979
don't no one has a strong a lineup 3.9 Jump to 410.4
in the US has been 14 15 million that's 5.46 Jump to 435 GPE US MONEY 14 15 million
normally way higher than that like 17 5.7 Jump to 437.88 CARDINAL 17
million so as the inventories return 4.98 Jump to 440.46
now and it just that's seventeen 5.099 Jump to 445.44 CARDINAL seventeen
thousand seven 17 million SAR we're 4.079 Jump to 447.84 ORG SAR
when you say come down are we talking 10 4.861 Jump to 451.919 CARDINAL 10
15 what do you think for the industry no 4.62 Jump to 454.199 CARDINAL 15
like discounting that we saw two three 4.141 Jump to 458.819 CARDINAL two CARDINAL three
five ten percent five to ten percent 4.139 Jump to 462.96 PERCENT five ten percent DATE five to ten percent
have Revenue power that others don't one 4.921 Jump to 487.139 CARDINAL one
last question uh two quarters ago uh 5.519 Jump to 489.18 DATE two quarters ago
company that I I haven't seen before one 4.44 Jump to 511.56 CARDINAL one
you saw in our first quarter but you 4.98 Jump to 529.74 DATE our first quarter