Hmmm.... Ok, let’s try to get this through to you. If they are losing 100K per car then the car costs 100K more than the sales price. So none of the EVs cost 50K to make as you erroneously suggest. Lets say the EV MSRP was 60K. Then the cost to make the EV would have been 160K.
Using the overal headline numbers, then that means they sold only 13K EVs and lost 100K per car. 13K X 100K = 1.3B. That’s how many EVs it would take to lose 1.3B at 100K loss per EV.
Stupid companies. Stupid, stupid companies. Markets will hold them to task.
Now who will hold brain-dead Joe to task? Will you?
Thank you all for your help.
For whatever reason I forgot the total cost of research, promotion and the rest in understanding the Ford loss per vehicle.
I think even with the waste of taxpayer money for the EV fiasco the mission will fail.
My earlier thought was it would make it as Biden destroyed the ability of the gasoline industry and gas powered vehicle companies to go on. That is still a problem as he and Newsom want to “Californicate” the US with mandatory limits and taxes on their opponents. But people will start to fight with a backlash, I believe.