ononly one week ago, ford said t is shedding 200,000 of its global wororkforce, and that is about 10%o cross over to jens korte. jens, what is behind this move, letting workers go? jens: i mean, the stock price of ford gained a good 2%, so wall street welcomes the news. you could say at this point wall street -- one, there has been a lot of pressure on ford, especially after a couple weeks ago when tesla surpassed forward when it comes to market evaluation -- market valuation. in an interview a couple months ago, he said to produce cars, it is very costly and the margins are rather low. if you look at newer technology, that is where the higher margins are. if you look at this entire story from a broader angle you could say maybe the future of the car industry is not so much determined by the old car industry, by detroit, but more from silicon valley. from the technical, from the software part, it is getting more important in the upcoming future. it is certainly not an easy time as he might see that car sales overall in the u.s. are plateauing. but at least for now come wall street is