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re: Ford lost $40K on every EV it sold
Posted on 4/25/24 at 11:22 am to billjamin
Posted on 4/25/24 at 11:22 am to billjamin
quote:
quote:
Could this also be leading to other cars being more expensive? Offsetting some of their losses by raising the prices on ICE vehicles?
They mostly do this to pull up a bunch of capex depreciation and R&D expense to offset profits from other business units so they don't have to pay taxes.
All that sums up to yes.
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