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Ford Still Losing Billions on EVs
Ford Still Losing Billions on EVs, but Not All Is Lost
For the full year of 2024, Ford posted a net income of $5.9 billion on adjusted earnings of $10.2 billion. Its electric vehicle business, however, lost $5.1 billion, even worse than its loss of $4.7 billion the year prior. It expects to lose even more, $5.5 billion, on EVs in 2025.
Ford’s electric F-150 Lightning is losing ground as its aging EV lineup faces new threats
Ford’s F-150 Lightning is losing ground in the US with new electric pickups like the Tesla Cybertruck and Chevy
Ford’s EV losses hit billions in 2024, is the worst yet to come?
Ford managed to beat Wall Street’s expectations for the fourth quarter of 2024, posting $48.2 billion in revenue, up $2.2 billion year-over-year. Gains from its gas-powered vehicle sales helped offset net losses from an unprofitable EV business.
9h
on MSN
Ford CEO Jim Farley: Demand Isn't There for Big EV Trucks & SUVs Yet
"For larger retail, electric utilities, the economics are unresolvable," Farley said in the earnings call, according to ...
2d
Ford’s F-150 Lightning is falling behind Tesla’s Cybertruck in deepening EV crisis
The automaker has a plan to catch up to rivals rolling out high-performing, affordable electric vehicles. But first, it has ...
1d
Ford expects to rack up EV losses of up to $5.5B in 2025, sending shares skidding
Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a ...
Destination Charged on MSN
13h
Ford F-150 Lightning Switchgear first in-depth look
February 6, 2025. More for You ...
1d
on MSN
Ford shares slide as automaker forecasts weaker growth, further losses for electric vehicle unit
Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it ...
2d
Even the Tesla Cybertruck Is Outselling the Ford F-150 Lightning Now
Stocks fell, but the major indexes recouped some losses after Trump said he would delay tariffs on Mexico for a month.
3d
on MSN
Ford’s Mach-E Nearly Triples Sales As Gas Mustang Tanks 37% Despite No Rivals
As for the rest of Ford’s lineup, the Bronco recorded a healthy 21.9% increase over the same month last year, climbing to ...
13h
on MSN
Which Cars & Trucks Are Included In Ford's Special Vehicles Team?
Before the Ford Performance division, there was the Ford Special Vehicles Team (SVT). Here are all the SVT cars that went ...
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Tesla
Jim Farley
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