Demand Looks Very High for Ford's Tesla-Fighting Mustang Mach-E

Demand Looks Very High for Ford's Tesla-Fighting Mustang Mach-E

Ford Motor Company (NYSE: F) said that it sold 3,739 of its electric Mustang Mach-Es in the U.S. in February, a result that suggests demand for the company's first serious Tesla competitor is very high. Its overall U.S. sales fell 14.1% last month, as the company prioritized higher-profit retail sales amid production disruptions caused by a global shortage of computer chips. Ford's retail sales were down just 1.8% from a year ago.