Random Internet Shit you've come across


Ford Motor Company announced staggering losses amounting to $1.32 billion in its electric vehicle (EV) division, Ford Model-e, for the first quarter of 2024.

The financial report underscores the challenges faced by traditional automakers as they navigate the market shift towards electrification, often driven by government mandates rather than organic consumer demand.

The numbers paint a grim picture: with a mere 10,000 EVs sold during the quarter, Ford hemorrhaged an astounding $132,000 on each unit.


This follows a similarly dismal performance in the fourth quarter of 2023, where the company moved 34,000 EVs but incurred losses of $1.57 billion, equating to a loss of $46,176 per vehicle sold.
Government mandates can't drive sales the way organic consumer demand will?? Say it isn't so 🤪
Whats the “Carbon Footprint“ of that fuck up? Idiots.
 
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