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Nolte: Ford’s EV Division Lost $1.3B in Q1 — That’s $132K per Car!
Breitbart ^ | 04/29/2024 | JOHN NOLTE

Posted on 04/29/2024 6:03:44 AM PDT by ChicagoConservative27

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To: GMMC0987

HAHAHAHA!! that’s freaking great.


21 posted on 04/29/2024 8:44:37 AM PDT by BigFreakinToad (Remember the Biden Kitchen Fire of 2004)
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To: ChicagoConservative27

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


22 posted on 04/29/2024 8:46:11 AM PDT by bert ( (KE. NP. +12) Hamascide is required in totality)
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To: BigFreakinToad
It's a good thing I'm not a multi, multi-millionaire

I'd have sooooo many toys from all American car manufacturers from back then - and we're not supposed to love the world...


23 posted on 04/29/2024 8:49:24 AM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: SaveFerris

Same here. Most of mine would be MOPAR though.


24 posted on 04/29/2024 9:05:06 AM PDT by BigFreakinToad (Remember the Biden Kitchen Fire of 2004)
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To: BigFreakinToad

Oh I’d have a bunch of those - starting with a 69 Charger, a 70 Challenger, a Super Bee, a Hornet / RoadRunner, and more

And Chevy

And AMC

And a few Japanese cars

And some British cars

Then my guitar collection......


25 posted on 04/29/2024 9:14:56 AM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: ChicagoConservative27

Taxpayers will make up for it.


26 posted on 04/29/2024 9:19:05 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes.)
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To: ChicagoConservative27

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.


27 posted on 04/29/2024 9:25:38 AM PDT by The Great RJ ( )
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To: xoxox

h, No. The taxpayer lost even more on subsidies, electrical net subsidies and road damages.


28 posted on 04/29/2024 9:27:49 AM PDT by AZJeep
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To: ChicagoConservative27

In the old days the Deuce would have fired the person that made that decision, or not have made that decision at all.


29 posted on 04/29/2024 9:56:45 AM PDT by Rappini ("No man is entitled to the blessings of freedom unless he be vigilant in it's preservation" MacArthr)
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