Ford set to lose $4.5 billion on electric vehicles this year

[Racer88]

Ford Motor Company announced it is projected to lose a whopping $4.5 billion from electric vehicles (EVs) this year, up from the previous projected loss of $3 billion... despite massive profits from other sectors of the company.

Ford set to lose $4.5 billion on electric vehicles this year, despite increased revenue

Ford Motor Company is set to lose a projected $4.5 billion from electric vehicles (EVs) this year, despite massive profits from other sectors of the company.

www.foxbusiness.com

 

[Racer88]

There's no way these companies can continue to pursue EVs and sell them at massive losses....

UNLESS....

Someone else is behind it. Hmmmmm???

 

[gandrfab]

I'm still miffed over cash for clunkers and the too big to fail, clown world reality.

 

[NavyVet83]

Go figure. Those of us who have to work on that trash don't want em around anyway

 

[It'sMe]

Electric supplier plants are powered by coal, and the electricity requirements for many electric vehicles supercededs the infrastructure by insane amounts. Furthermore, the mining of raw materials for batteries involves child slave labor, but I doubt they care since many of them are lucifarian pedophiles.
Maybe this is where killing off 90% of the planet comes in, or electric bikes to replace cars comes in?

 

[NavyVet83]

All these " tree hugger" types want these electric cars, not realizing what we already know, and then wanna bitch when something breaks, and my labor rate goes from $160/hr to $200+/hr because I have to spend an entire day doing electrical diagnostics chasing down a problem

 

[seniormoment]

Ford Motor Company announced it is projected to lose a whopping $4.5 billion from electric vehicles (EVs) this year, up from the previous projected loss of $3 billion... despite massive profits from other sectors of the company.

Ford set to lose $4.5 billion on electric vehicles this year, despite increased revenue

Ford Motor Company is set to lose a projected $4.5 billion from electric vehicles (EVs) this year, despite massive profits from other sectors of the company.

www.foxbusiness.com

View attachment 13943

All these " tree hugger" types want these electric cars, not realizing what we already know, and then wanna bitch when something breaks, and my labor rate goes from $160/he to $200+/hr because I have to spend an entire day doing electrical diagnostics chasing down a problem

Ford Motor Company announced it is projected to lose a whopping $4.5 billion from electric vehicles (EVs) this year, up from the previous projected loss of $3 billion... despite massive profits from other sectors of the company.

Ford set to lose $4.5 billion on electric vehicles this year, despite increased revenue

Ford Motor Company is set to lose a projected $4.5 billion from electric vehicles (EVs) this year, despite massive profits from other sectors of the company.

www.foxbusiness.com

View attachment 13943