Ford Loses $60k On Each EV It Makes

Ford went bullish on EV, imposed by our government and has recently reported its first-quarter financials for 2023 showing that the losses at its 'Model e' EV division are widening. The Blue Oval lost over $60,000 for every EV sold in those three months, which means that investors weren't thrilled.Ford needs to wait on other "legacy" automakers and not bow to government bureaucracy.Links to the featured articles: https://www.autoevolution.com/news/ford-model-e-division-lost-60k-on-every-electric-vehicle-it-sold-in-the-first-quarter-214411.html#:~:text=More%20worrying%2C%20Ford%20posted%20losses,than%20its%20average%20selling%20price.https://www.theguardian.com/business/2023/jan/24/ford-cut-jobs-europe-us-germany-belgium-uk#:~:text=Ford%20plans%20to%20cut%203%2C200,in%20Germany%2C%20said%20IG%20Metall Grab a copy of my book: https://partsmanagerpro.gumroad.com/l/qtqax "The Parts Manager Guide" - https://www.amazon.com/Parts-Manager-Guide-Strategies-Maximize-ebook/dp/B09S23HQ1P/ref=sr_1_4?crid=3UZYOGZJUNJ9K&keywords=parts+manager+guide&qid=1644443157&sprefix=parts+manager+guid%2Caps%2C244&sr=8-4Please remember to like, share and leave your comments.Videos are uploaded weekly.Visit my website for more! https://www.partsmanagerprof.com/For audio listeners you can find the full podcast here: Ford Loses $60k On Each EV It MakesIf you want me to continue making videos like these, please donate to our paypal account: paypal.me/partsmanagerproFair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. No copyright infringement intended. ALL RIGHTS BELONG TO THEIR RESPECTIVE OWNERS* This video is for educational and entertainment purposes only.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-motor-files-podcast--4960744/support.