Henry Ford over to his son Edsel Ford in December 1918. Henry retained final decision authority and sometimes reversed the decisions of his son. Ford started another company, Henry Ford and Son, and made a show of taking himself and his best employees to the new company; the goal was to scare the remaining holdout stockholders of the Ford Motor Company to sell their stakes to him before they lost most of their value. (He was determined to have full control over strategic decisions.) The ruse worked, and Ford and Edsel purchased all remaining stock from the other investors, thus giving the
Ford Model K was offered, the Model K produced over eighty five percent of Ford Motor Company's new car profit (1906 Ford Motor Company internal audit records). In 1907, the second, and primary sales year of the Model K, almost five hundred Model K were sold, the best selling six cylinder model in the world. As period journals reported, Ford Motor Company went in another direction, moving to one chassis, a mid priced car, the Model T, leaving the multi-line business model used by most auto makers of the period. However, sales and profits from the Model K helped Ford Motor Company become