EV's, Gas/Oil, and The Future- another swerve split from- JT Hints Boosting Canada’s Military Spending

[daftandbarmy]

Ouch...

Ford tops Q3 earnings expectations, but EV losses take a toll on profits​

After losing another $1.1 billion on its Model e business, Ford’s EV losses reached $2.5 billion through the first half of 2024. Ford expects EV losses to reach between $5 billion and $5.5 billion this year.

Ford tops Q3 earnings expectations, but EV losses take a toll on profits

Ford reported Q3 earnings after the market closed on Monday, beating Wall St revenue and EPS expectations. However, the company...

electrek.co

 

[Brad Sallows]

Ouch...

Ford tops Q3 earnings expectations, but EV losses take a toll on profits​

After losing another $1.1 billion on its Model e business, Ford’s EV losses reached $2.5 billion through the first half of 2024. Ford expects EV losses to reach between $5 billion and $5.5 billion this year.

Most of the manufacturers are suffering because politicians pushed too hard, too fast. The US "uniparty" will probably try and take Tesla down [a notch] even if Tesla isn't included in that, because of Musk's political advocacy. Meanwhile, they'll demand more EVs.