Or in layman’s terms, they lost $132,000 for each of the 10,000 EV’s sold.
Bonus: sales down 20% YOY.
Everyone who wants to showcase themselves in an EV has already bought one. And with no resale value and the novelty factor now dead, no one will be buying EV’s soon.
Bonus: sales down 20% YOY.
Everyone who wants to showcase themselves in an EV has already bought one. And with no resale value and the novelty factor now dead, no one will be buying EV’s soon.
Ford just reported a massive loss on every electric vehicle it sold
Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping to drag down earnings for the company overall.
finance.yahoo.com
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