Ford CEO’s bold move to close a money-losing plant bodes well for long-term stock holders

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James Farley, president and chief executive officer of Ford Motor Co., speaks during a launch event for the 2022 Ford F-150 Lightning all-electric truck at the Rouge Electric Vehicle Center in Dearborn, Michigan, U.S., on Tuesday, April 26, 2022.
Emily Elconin | Bloomberg | Getty Images

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