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Economy

Ford Announces Billions of Dollars in Losses on Electric Vehicle Range‐Worse Than Expected

2024-02-08

[Red State] There is more bad news for electric vehicle manufacturers.

After declaring its annual results a success, Ford has revealed that it incurred a loss of $4.7 billion on its electric vehicle range, more than the $4.5 billion the company predicted in the middle of last year.
The company's annual summary states:

Posted by:Besoeker

#7 Rowan Atkinson Blamed for Slump in EV Vehicles.

It isn't a, or a few, but all UK publications it seems with the exact same damn story.

Posted by: swksvolFF 2024-02-08 15:45

#6 It would take a heart of stone etc.

Posted by: no mo uro 2024-02-08 14:28

#5 It's all Mr. Beans' fault, you see.

Posted by: swksvolFF 2024-02-08 13:42

#4 They invested way too much into their pickup truck 'Lightning'.

It's only useful for suburban soccer moms and dads (close to home and charging stations....at least the ones that are operable).

Where you actually need a pickup truck, it becomes useless in a hurry.

Posted by: Mullah Richard 2024-02-08 11:03

#3 One wonders when the bottom falls out even for Tesla.

Posted by: M. Murcek 2024-02-08 10:58

#2 Ford Announces Billions of Dollars in Losses on Electric Vehicle Range‐Worse Than Expected

...Those are going to be impressive, put-the-fear-of-God-into-you numbers.

Mike

Posted by: MikeKozlowski 2024-02-08 10:57

#1 Heron's steam engine.

Posted by: Grom the Reflective 2024-02-08 04:56

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