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Message
re: Ford lost $40K on every EV it sold
Posted on 4/25/24 at 8:12 pm to Corinthians420
Posted on 4/25/24 at 8:12 pm to Corinthians420
quote:
A lot of the money lost was due to investing in technology to make the cars, not due to them selling the cars for 40k less than the parts cost to build them.
Per the CFO
quote:
“revenue is dropping faster than we can take out the cost.”
quote:
Anyway carry on
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