Electric Runoff

Ford EV's aren't selling:

It is expected that Ford will continue to lose money on its EV models, as the company predicts a total loss of $5 billion this year. Last year, the company lost $4.7 billion in its electric division, which was about $40,525 per vehicle it sold. A Ford Mustang Mach-E electric vehicle with Ford BlueCruise Hands-Free Highway Driving is at the New York International Auto Show in New York on Saturday, March 30, 2024. (AP Photo/Ted Shaffrey) Meanwhile the Ford Pro department, which primarily sells internal combustion models, reported a profit of $3 billion. Its Ford Blue department made a revenue of $21 billion, but this was actually a 13% decrease. So, when totaled altogether, Ford’s overall profit was $1.3 billion — one-fifth less than the previous year. Across the United States, consumers bought 352,390 plug-in vehicles during the first quarter. Ford accounted for 10,000 of those car sales.

People haven't driven an electric Ford lately...