The electric-vehicle maker’s stock has fallen sharply after its initial public offering last year gave it a huge market value.
The Tesla challenger said it continued to have problems finding needed parts.
The Biden administration is planning a major shift to electric vehicles, but experts say it requires a secure, resilient supply of critical minerals.
The automaker reported an 11 percent jump in revenue for the first three months of the year compared with a year earlier.
Deliveries of the F-150 Lightning, Ford’s most important new vehicle in many years, will begin in the coming week, it said.
The electric carmaker had to close an important factory in Shanghai because of China’s efforts to stamp out a coronavirus outbreak.
Ford’s chief executive is about to introduce an electric F-150 pickup truck that could determine whether the automaker can survive and thrive in an industry dominated by Tesla.
If adopted, the new measures would make a dent in the state’s greenhouse gas emissions and set the bar for the broader auto industry.
Soaring fuel prices and climate change concerns are driving demand for the vehicles in Australia, as elsewhere. But they are particularly hard to find here.
Delays in producing the pickup have allowed rivals like Ford to beat Tesla to market with electric pickups.