Ford Lost $4.7B On EVs Last Year, Or About $64,731 For Every EV It Sold
How bad is the EV business? Ford Motor Company just reported that the operating loss it incurred on its EV business in 2023 exceeded its total profit for the year. That shocking fact comes directly from the company’s earnings report, which carried the headline, “Ford+ Delivers Solid 2023…” The Dearborn-based auto giant had an operating loss (also […]
Ford Lost $4.7B On EVs Last Year, Or About $64,731 For Every EV It Sold Learn More »