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re: Ford dramatically scaling back new EV facility, losing billions.

Posted on 11/28/23 at 7:21 am to
Posted by AwgustaDawg
CSRA
Member since Jan 2023
7377 posts
Posted on 11/28/23 at 7:21 am to
I read last night that all manufacturers BUT Tesla were losing about $5-$15K per EV made thus far. Apparently Tesla is making about that much. It has to be galling as hell as a manufacturer to lose $5-$15K per car while the dealer is marking them up $5-$15K LOL. Probably ought to just cut out the dealer if we are being honest.

Apparently Tesla is going to release a new model in 2024 (late, probably early 2025) with a MSRP of $25K and consumers will eventually be able to actually buy one at that price. It won't be like the Maverick with a MSRP of $19K and an average sell price of $40K. At $25K and with $7500 tax credit, assuming changes are made which make it available on Tesla's again, they will find it impossible to meet demand in the US let alone world wide demand. Tesla is, for all its flaws and misinformation and bad press, cleaning their clocks in EV production, innovation and sales.
Posted by antibarner
Member since Oct 2009
23789 posts
Posted on 11/28/23 at 7:26 am to
Long term..hydrogen and fuel cells might be the way to go. Performance is similar to your gasoline ICE.

There are some issues to overcome but I did say long term.
Posted by VetteGuy
Member since Feb 2008
28551 posts
Posted on 11/28/23 at 8:00 am to
quote:

$7500 tax credit


I'm aware that most, if not all manufacturers receive some form of federal subsidies, but the direct-to-consumer rebates are a huge incentive to buy an EV.

Like the solar panels you're paying for on your neighbor's roof, you're paying his car note, too.

There's market change by normal competitive factors, and then there's market change directly controlled by government legislation and ($$$$) influence.

This post was edited on 11/28/23 at 8:01 am
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