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Ford = lost $132,000 per F150 EV
#4122082
04/25/24 07:57 AM
04/25/24 07:57 AM
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Joined: Oct 2001
Posts: 26,174 Tampa
Beer Belly
OP
Freak of Nature
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OP
Freak of Nature
Joined: Oct 2001
Posts: 26,174
Tampa
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Ford just reported a massive loss on every electric vehicle it sold https://www.cnn.com/2024/04/24/business/ford-earnings-ev-losses/index.htmlFord’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping to drag down earnings for the company overall. In 2023, Ford Model e reported a full-year EBIT loss of $4.7 billion on sales of 116,000 EVs, or an average of $40,525 per vehicle, just more than a third of the first quarter loss.
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Re: Ford = lost $132,000 per F150 EV
[Re: Beer Belly]
#4122086
04/25/24 08:00 AM
04/25/24 08:00 AM
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Joined: Dec 2004
Posts: 5,342 Hartselle
longshot
12 point
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12 point
Joined: Dec 2004
Posts: 5,342
Hartselle
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And that's why they are trying to make it up on all the other F150s.... $75K for a truck is ridiculous. Local dealer has a F250 for $115K!!! It's nice but ain't no truck worth that kind of money
I Pledge Allegiance to the flag of the United States of America. and to the republic for which it stands, one nation under God, indivisible, with liberty and justice for all. Some men are born brothers, Others earn it... JD
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Re: Ford = lost $132,000 per F150 EV
[Re: Beer Belly]
#4122087
04/25/24 08:01 AM
04/25/24 08:01 AM
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Joined: Aug 2001
Posts: 68,433 Luverne, AL
Skinny
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 68,433
Luverne, AL
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Meanwhile, the folks at Toyota decided to wait and take it slow and steady and let the necessary infrastructure come and go and watched the mistakes of companies like Ford. I'm pretty sure Toyota will eventually become the leading EV car maker because they are smart enough to learn from the other companies' mistakes.
"Never Trust Government" -- Smart people. "You must have free speech in order to have democracy. That's why it is the First Amendment. And the Second Amendment is there to ensure that we have the First Amendment." -- Elon Musk 10-6-2024 "You can be broke but you cant be poor." -- Ruthie-May Webster
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Re: Ford = lost $132,000 per F150 EV
[Re: Beer Belly]
#4122110
04/25/24 08:32 AM
04/25/24 08:32 AM
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Joined: Dec 2013
Posts: 22,743 Lickskillet, AL
Irishguy
a.k.a. Dingle Johnson
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a.k.a. Dingle Johnson
Joined: Dec 2013
Posts: 22,743
Lickskillet, AL
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Kids this is what happens when you try to placate the government with your business practices.
If the government knew how to run a business, the United States wouldn't be in debt up to our eyeballs right now.
Last edited by Irishguy; 04/25/24 08:33 AM.
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Re: Ford = lost $132,000 per F150 EV
[Re: Skinny]
#4122116
04/25/24 08:37 AM
04/25/24 08:37 AM
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Joined: Jul 2011
Posts: 36,316 Boxes Cove
2Dogs
Freak of Nature
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Freak of Nature
Joined: Jul 2011
Posts: 36,316
Boxes Cove
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Meanwhile, the folks at Toyota decided to wait and take it slow and steady and let the necessary infrastructure come and go and watched the mistakes of companies like Ford. I'm pretty sure Toyota will eventually become the leading EV car maker because they are smart enough to learn from the other companies' mistakes. Spot on I think. BTW, Toyota is selling hybrids like hotcakes.
"Why do you ask"?
Always vote the slowest path to socialism.
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Re: Ford = lost $132,000 per F150 EV
[Re: Lockjaw]
#4122126
04/25/24 08:46 AM
04/25/24 08:46 AM
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Joined: Dec 2014
Posts: 3,648 FL
daylate
10 point
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10 point
Joined: Dec 2014
Posts: 3,648
FL
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I don't want one. I bet they are all awesome, until you need a battery. or tow or haul anything
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Re: Ford = lost $132,000 per F150 EV
[Re: Beer Belly]
#4122134
04/25/24 08:52 AM
04/25/24 08:52 AM
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Joined: Feb 2014
Posts: 4,396 miss'ippi state
donia
10 point
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10 point
Joined: Feb 2014
Posts: 4,396
miss'ippi state
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As far as I can tell, Toyota is selling the only true hybrids, aren't they? Regenerative electric with gas assist. Except for the Tundra Hybrid that is gas with electric assist and isn't for improved fuel economy, only a boost in power.
experience is a freakin' awesome teacher....
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Re: Ford = lost $132,000 per F150 EV
[Re: donia]
#4122146
04/25/24 09:02 AM
04/25/24 09:02 AM
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Joined: Dec 2001
Posts: 14,041 AL
hunterbuck
Booner
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Booner
Joined: Dec 2001
Posts: 14,041
AL
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As far as I can tell, Toyota is selling the only true hybrids, aren't they? Regenerative electric with gas assist. Except for the Tundra Hybrid that is gas with electric assist and isn't for improved fuel economy, only a boost in power. Honda also has true hybrid technology. Anyone see the price on Toyota's new Tacoma TRD Pro? Yikes.
"You think I care? Roll Damn Tide"
Have you tried Google?
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Re: Ford = lost $132,000 per F150 EV
[Re: Beer Belly]
#4122148
04/25/24 09:06 AM
04/25/24 09:06 AM
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Joined: Mar 2002
Posts: 4,082 Port St Joe, FL
Moose24
10 point
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10 point
Joined: Mar 2002
Posts: 4,082
Port St Joe, FL
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I'm still trying to be optimistic that this EV experiment will fail. Or at least hopeful that I will never have to drive an EV in my lifetime. But this $hit show may be too far along.
The Things You Remember in Life aren't Things at all.
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Re: Ford = lost $132,000 per F150 EV
[Re: Beer Belly]
#4122150
04/25/24 09:13 AM
04/25/24 09:13 AM
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Joined: Dec 2004
Posts: 19,031 .
ford150man
Old Mossy Horns
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Old Mossy Horns
Joined: Dec 2004
Posts: 19,031
.
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Hold onto your wallet because if this continues the government will bail them all out before they let the EV sink
If voting made any difference, they wouldn’t let us do it.-Mark Twain
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Re: Ford = lost $132,000 per F150 EV
[Re: ford150man]
#4122162
04/25/24 09:48 AM
04/25/24 09:48 AM
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Joined: Oct 2001
Posts: 26,174 Tampa
Beer Belly
OP
Freak of Nature
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OP
Freak of Nature
Joined: Oct 2001
Posts: 26,174
Tampa
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Hold onto your wallet because if this continues the government will bail them all out before they let the EV sink you can already get a big tax credit for buying one
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Re: Ford = lost $132,000 per F150 EV
[Re: daylate]
#4122179
04/25/24 10:21 AM
04/25/24 10:21 AM
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Joined: Nov 2013
Posts: 3,381 Central Al
twaldrop4
10 point
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10 point
Joined: Nov 2013
Posts: 3,381
Central Al
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I don't want one. I bet they are all awesome, until you need a battery. or tow or haul anything An electric motor creates more torque more quickly. It will out pull combustion engine all day long. The electric motors aren’t the weak point it’s the batteries and charging systems I worked in steel mills for a long time and electric motors ran everything, lifting and pulling 200+ tons all day everyday and extremely rarely did we have any kind of motor failure and these cranes were from the 1920s and 30s. The newer cranes were even better. It’s not the electric that concerns me it’s the batteries. They’re nowhere near ready. And for clarification I don’t have nor intend to buy electric but it has nothing to do with the motors
Last edited by twaldrop4; 04/25/24 10:22 AM.
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Re: Ford = lost $132,000 per F150 EV
[Re: hunterbuck]
#4122181
04/25/24 10:21 AM
04/25/24 10:21 AM
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Joined: Jul 2020
Posts: 8,725 Chelsea
Lockjaw
14 point
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14 point
Joined: Jul 2020
Posts: 8,725
Chelsea
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As far as I can tell, Toyota is selling the only true hybrids, aren't they? Regenerative electric with gas assist. Except for the Tundra Hybrid that is gas with electric assist and isn't for improved fuel economy, only a boost in power. Honda also has true hybrid technology. Anyone see the price on Toyota's new Tacoma TRD Pro? Yikes. Yeah they aren't selling either. What ills me is they don't get any better mileage than a full size with a V8, so really the only real benefit to one is its smaller. You know you can get 2 different supercharger kits for the previous gen Tacoma/4Runner? They run about 7k plus installation. Magnuson and Procharger.
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Re: Ford = lost $132,000 per F150 EV
[Re: Beer Belly]
#4122243
04/25/24 01:23 PM
04/25/24 01:23 PM
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Joined: Feb 2007
Posts: 20,623 colbert county
cartervj
Freak of Nature
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Freak of Nature
Joined: Feb 2007
Posts: 20,623
colbert county
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I think ford was salivating for some government money and to be first in the pool.
“Socialism only works in two places: Heaven where they don't need it and hell where they already have it.” ― Ronald Reagan
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Re: Ford = lost $132,000 per F150 EV
[Re: Beer Belly]
#4122253
04/25/24 02:03 PM
04/25/24 02:03 PM
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Joined: Jul 2010
Posts: 9,630 B'ham
Goatkiller
14 point
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14 point
Joined: Jul 2010
Posts: 9,630
B'ham
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Taxpayer Bailout in 1, 2.....3......
No government employees were harmed in the making of this mess.
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Re: Ford = lost $132,000 per F150 EV
[Re: Beer Belly]
#4122264
04/25/24 02:29 PM
04/25/24 02:29 PM
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Joined: Sep 2012
Posts: 19,197 North AL
AU338MAG
Old Mossy Horns
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Old Mossy Horns
Joined: Sep 2012
Posts: 19,197
North AL
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I drive by Woody Anderson Ford in Huntsville frequently.
They have several of the electric F 150 trucks available for any dumbarse who wants to drop $100k on a fancy golf cart.
Dying ain't much of a living boy...Josey Wales
Molon Labe
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Re: Ford = lost $132,000 per F150 EV
[Re: twaldrop4]
#4122327
04/25/24 05:01 PM
04/25/24 05:01 PM
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Joined: Dec 2004
Posts: 19,031 .
ford150man
Old Mossy Horns
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Old Mossy Horns
Joined: Dec 2004
Posts: 19,031
.
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I don't want one. I bet they are all awesome, until you need a battery. or tow or haul anything An electric motor creates more torque more quickly. It will out pull combustion engine all day long. The electric motors aren’t the weak point it’s the batteries and charging systems I worked in steel mills for a long time and electric motors ran everything, lifting and pulling 200+ tons all day everyday and extremely rarely did we have any kind of motor failure and these cranes were from the 1920s and 30s. The newer cranes were even better. It’s not the electric that concerns me it’s the batteries. They’re nowhere near ready. And for clarification I don’t have nor intend to buy electric but it has nothing to do with the motors You’re half right. Electric motors do produce more torque and would out pull a combustion engine….but only if it had a constant power source. Electric vehicles battery will drain quicker with a load and while the owner spends all his time looking for a charging station and then who knows how long charging the battery, the owner of the combustion engine will fill it back up and keep going.
If voting made any difference, they wouldn’t let us do it.-Mark Twain
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