This is also of interest to Milwaukee people. Why? Read on.
Kelley Blue Book reported that Ford’s EV sales were 30,176 for the fourth quarter and 97,865 for the entire year. Therefore, Ford lost $46,394 for each EV it sold in the fourth quarter and $52,113 for each EV it sold in 2024.
For the full year, Ford reported net income of about $5.9 billion. Thus, Ford’s operating losses on EVs were nearly equal to its total profits...PowerLine quoting Robert Bryce
Why a Milwaukee interest?
Because the CEO of Ford is a member of Harley-Davidson's board. And the CEO of Harley is a Green Nutbag, too.
Meantime, Harley is losing sales YOY and profits dropped significantly YOY.
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