Ford CEO says electric Mustang will bring "instant profit"
https://www.bloomberg.com/news/video...t-profit-video
In another Bloomberg interview today, a statement was made during an interview with Joe Hinrichs, Ford president of automotive, that electric vehicles require 30% less labor than IC-engined vehicles.
Labor reduction will be an accelerant for automakers to convert to electric vehicles, far faster than regulatory pressure alone, in the areas of fuel economy and emissions.