If production is cut in half at least through Q2, I don’t see how cash flow supports payroll expenses.
Much worse if chip shortage continues through 2022.
4 replies (most recent on top)
@1hpt+1aBhIR2N read the financial statements. The “sale” of the vehicle is booked when the vehicle exits the plant door. The profit for all the vehicles in parking lots has already been booked. They are now a loss as the cost to fix them comes out of next quarters “profits”.
The product is sitting on lots all around metro Detroit. Customers are waiting for their orders to be filled. Q2 might be a bust however the rest of the year will gain momentum as the modules are assembled and installed in the already ordered product.
I believe we will get a good bonus next year.
Come on Man!!!! It’s the great Automotive reset!!!! You will own Zero vehicles ( especially ford ) and be happy🥴
Exactly!