The taxpayer lost 132k per car.
A friend said he should have done his homework before he bought the Ford F-150 Lightning it’s only good for around town and he can’t even take it his Cottage , no place to charge and he can’t even get rid of it
Yeah, but they’ll make it up in volume. /sarc
Thread BUMP
Vote this piece of cr** out of office and get all these anti-gas measures reversed....from drilling to building cars, appliancews. Time to go after your Congress people...and governors like Kochul.
Go woke, go broke.
Go green, no profits to be seen.
(That’s the best I can do.)
I’m considering going to my local Ford dealer and making them an offer on an EV. If they’ll pay me $100,000 to not buy one, they’ll save $32,000!
Another Democrat success story.
The price of Ford Stock remains consistent at $12 + a little.
What says is that the stock owners are committed to the bitter end. The market as a whole has written Ford off as a loser, no place to invest good money.
The Ford EV problem means they lack the engineering and technical talent and ability to make electric vehicles. What their single minded engineers tried to do is to electrify a vehicle rather than create an electric vehicle.
They failed.
Ford is terminally ill
Taxpayers will make up for it.
Unless there is some miracle breakthrough in battery technology EVs will remain at best a niche market. EVs are simply too expensive and too limited in range and capability to fit the needs of most car and especially truck buyers. The buyers of EVs are also realizing that they are expensive to repair and eat tires due to their weight. The performance of EVs in cold weather could also dissuade many buyers who do not want to be caught in with a frozen vehicle during cold snaps.
Ford stockholders should be up in arms with these losses and demand new corporate leadership.
In the old days the Deuce would have fired the person that made that decision, or not have made that decision at all.