Electric vehicles have been a disaster for Ford

Ford lost a boggling $130,000 on each E.V. it sold in the first quarter of this year, for a grand total $1.3 billion loss. A total disaster, and yet it appears they’re chugging ahead with these electro-hoopties because apparently they’re the future! EVs have been a disaster, and it’s only a matter of time until even the enviro-nuts admit it. But it would be better to admit it sooner rather than later, and allow resources and investment move to profitable endeavors.

Author: S. Smith