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Ford sees $3 billion pretax loss in its EV business this year
Ford Motor Co expects its electric vehicle business unit to lose $3 billion this year, but remains on track to achieve a pretax margin of 8% by late 2026, the company said.
Ford sees $3 billion pretax loss in its EV business this year
- Thread starter Tezz500
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This makes me happy.
Everything liberals want to do is pure and utter shit.
I will never in my lifetime own an electric car. Guaranteed.
I hope that makes liberals rage with anger and their bp goes up so high that they die.
Everything liberals want to do is pure and utter shit.
I will never in my lifetime own an electric car. Guaranteed.
I hope that makes liberals rage with anger and their bp goes up so high that they die.
No one wants this garbage. Looking forward to seeing the big 3 reverse coarse in the next 5 years or go bankrupt. People don't understand we have had electric cars since the beginning of cars and capitalism has spoken for what the people want. Im not sure how the CEO's have missed this?
Because feverishly playing woke game.
Good, hope Ford and every mfr making these electric shit boxes goes tits up....
Bill Ford is big part of the problem.....Trump was correct again criticizing B. Ford and Rivian was a great investment...lol. Time for a change at Ford or my stock will be heading back to a $1 soon. My wife's boss has a Mach E and is a liberal idiot who bought it because he thought it was cool. Never owned a Ford before and he can't wait to get rid of it.
www.cnbc.com
Ford Chair Bill Ford’s vision of a greener auto industry, led by EVs, is finally on the horizon
Bill Ford has served as the environmental conscience of the auto industry. It's something that until recently was taboo in a business reliant on fossil fuels.
www.cnbc.com
Ford sees $3 billion pretax loss in its EV business this year
Ford Motor Co expects its electric vehicle business unit to lose $3 billion this year, but remains on track to achieve a pretax margin of 8% by late 2026, the company said.www.reuters.com
Don't worry, they will make it up on volume.
Anyone read the article on the Hornet? Bring back the AMC name while charging asinine dollars for an EV hybrid. When I was a kid I had one owned by someone who knew how to turn wrenches and who happened to drop in a nice 401. EV this and that. Spare me.
They’ll make up for it in the future. EVs are the future as much as I don’t want them to be…
Interesting math haha
Cant wait for the stock to hit $1 again, maybe ill buy this time lol
Shocking I know when your entire business model revolves around cars no one wants.
The biggest EV simp I know has a clapped out Nissan Versa and is cheap as ****. He constantly tells me how cool Rivians and Mach Es are but there is -0- chance that he will ever get one.
I don’t think they’ll be the future as soon as the folks that are clueless about reality think it will be..
The only way they make EV relevant (any brand that is) is thru corporate contracts and rentals.
Outside of that, if they're dependent on random folks buying, it is going to take a long long time
Outside of that, if they're dependent on random folks buying, it is going to take a long long time
Yup, I know the type. Clout chasers.
They’ll make it happen. It’s their religion.
Nah. Not really. Assuming the government intervention continues, the future is ride share and public transportation when it all shakes out. A private EV will be priced out for the majority of the public for numerous reasons. You replacing your ICE vehicle with an EV is extremely short term and short lived.
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Really hoping Shell, BP, Chevron, etc invest in the same tech that porsche has for making fuel. It comes from pulling CO2 out of the air and the hydrogen out of the water.
Ford wonders why their stock is shit as they bleed $3B on EV's.
They make $10B on ICE and think that the $3B loss on EV is the future.
What a bunch of clowns.
Any company that runs it's business model on a Government agenda instead of Consumer desires is doomed to failure.
They make $10B on ICE and think that the $3B loss on EV is the future.
What a bunch of clowns.
Any company that runs it's business model on a Government agenda instead of Consumer desires is doomed to failure.
Well unless you are in Russia or China. Lol
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