Thread regarding Ford layoffs

Ford EV sales vs Tesla EV sales

We used to cancel vehicles that sold such low volumes. If we sold a Blue Cruise subscription with every one of the 41,236 EVs sold in 2022, the 2022 subscription revenue is less than $85,000. I’d love to see the spreadsheets someone is giving Farley showing billions in subscription and data sales revenue. It’s NOT happening.

“Ford EV Sales Tripled in September”

Ford on Oct. 4 reported that its EV sales tripled in September compared to the same period in 2021 with 4,691 vehicles sold for a 197.3% increase over the 1,578 sold last year. The big difference between the two periods was that Ford only offered the Mustang Mach-E in 2021.

Ford ramped up sales of the Mustang Mach-E in September to 2,324 vehicles for a 47.3% increase over last year, while it also rolled out the F-150 Lightning, with 1,918 sold in the month, and the E-Transit van, with 449 sold. Ford has sold 8,760 F-150 Lightning pickup trucks since it was launched in June. Ford rolled out the E-Transit in February.

Ford, however, only sold a total of 18,257 EVs in the third quarter, compared to Tesla's 343,830. The automaker has sold 41,236 EVs in the first three quarters of 2022. The company said that its sales amount to about a 7% share of the total EV segment.

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Post ID: @OP+1j5tRiLL

7 replies (most recent on top)

If anybody thinks customers are going to keep shelling out $15K for Tesla FSD ‘beta’, just raised from $12K, they’re clueless. Even Apple and Microsoft stopped charging for new OS’s and they’re ‘software’ driven companies! Most will pay a small app fee one time. The reality is new tech sells new hardware. An OTA pipe dream of keeping your old hardware current indefinitely is for the blind. Tech moves too fast and we’re in the very early stages of EV/AV.

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Post ID: @1civ+1j5tRiLL

I dont work for ford.
Just curious Is that fat pig still doing the meetings on thu?

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Post ID: @1czv+1j5tRiLL

The spreadsheets Farley gets are all green all the time. Because if you aren't green you get shouted at by the smartest person in the room (meaning Farley by his own estimation of course!).

Its ludicrous. And Ford will fail because no one wants to face the truth.

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Post ID: @1qzp+1j5tRiLL

@wjb - Well said !

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Post ID: @kiv+1j5tRiLL

@scr Unfortunately the majority of customers are frustrated by the poor quality of Ford software and firmware and stop using them. Long term ford subscriptions is a pipe dream.
good software developers can and do write better apps that run on phones/tablets.

The Ford common customer platform is riddled with bugs and slow as molasses, yet everyone @ Ford is required to build apps on top of the steaming pile.

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Post ID: @wjb+1j5tRiLL

@scr+1j5tRiLL
If we sell a $600 three year Blue Cruise subscription, IRS rules allow only recognizing $200 revenue per year for each of the three years. The OP’s math is correct.

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Post ID: @fpr+1j5tRiLL

This post is inaccurate when it comes to quantifying the full revenue that can be generated by data/subscriptions. The Bluecruise revenue for example will bring revenue in for longer than just 1 year since the subscriptions are more likely to last the life of the vehicle.

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Post ID: @scr+1j5tRiLL

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