Ford loses $130,000 per EV it sold in first quarter

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Don't know who/how they got that number, but most likely it was taking all of their capital investment in E vehicles, without accounting for amortization. New plant build. New battery campus. Etc.
GM probably lost even more. CEO Mary Bara has been deep throating EV and every Biden agenda she can fit in her mouth.

*In response to a shareholder question in June 2022 question about reinstating dividends at GM, Barra said the company has a "clear priority" to "accelerate our EV plans" and to solely offer EVs by 2035.

*In March 2022 she was appointed to the Homeland Security Advisory Council by Secretary of Homeland Security Alejandro Mayorkas.

*In December 2016, Barra joined a business forum assembled by then President-elect Donald Trump to provide strategic and policy advice on economic issues. However, she left the forum in 2017, following Trump's response to the Charlottesville protests.
 
Yeah…I don’t think so.
That would mean for every 8 vehicles sold they LOSE a million bucks ?? Bullsh**!!
They wouldn’t do it but once if that were so ! I am willing to bet on that ! Lol
 
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