[Jack Shaft]

Ford was sound in his reasoning ( from a personal perspective) to continue in producing the Model T. The car made him one of the richest men in to world, and there was enough money in the Ford coffers form T sales to continue building the car till Ford's death, regardless if it was profitable or not. From that standpoint he could have done it, easily. One could argue the model a never recouped development cost, its only profitable year of production was 1929.Ford motor company didn't turn a profit from '29 to '46.(war work was done at cost plus one dollar).Yet there was enough money left from the 'T' days to finance the massive retool in '49..stubborn? perhaps, but Ford could also be accused of what car guys call 'run what you brung'..that model T delivered in spades.