Farley blinked and choked up.
WHY DOES THE FORD FAMILY THINK HE CAN DO THIS???
7 replies (most recent on top)
OMG : @1yha+1mq344BJ everyone who reads the quarterly financials and possesses basic math skills or a calculator can do the math. Sure some round 58,333 to 60,000 but the basic tenet is the same. They lose the equivalent of a working man’s salary on every EV.
@1yha+1mq344BJ Ford PR..... Is that you?
Yes I have been seeing in the automotive and business news that Model e is allegedly losing $60K per BEV vehicle. I can remind everyone to take news outlets hit pieces with a grain of salt. They have exaggerated or even been completely wrong before.
Did you notice that they failed to mention in their reporting the Ford+ and transformation plan which outlines how Model e becomes neutral later this year and profitable immediately after? Of course not. They only like to kick when someone is down.
Silly.
Ford stock has a gap down to $5 from March 2020. It will likely be filled. It's not the $1 opportunity since last fail, but $5 might still be a bargain.
Loss of $58,333 for each EV sold. But we will make it up on volume. LOL
Ford will be completely bankrupt within 5 years.
The government will provide a loan or we will be bought by another OEM and become a subsidiary. We will all have to learn to speak German or Japanese soon...
EV’s lost $722M on sales of $700M.
Great strategy CarCar.