Some weird accounting here. How can 10,000 sales only be $100MM? That’s an average revenue per vehicle of $10,000.
FrankSamples
The future Ford corporate biopic is going to be epic.
Public_Ingenuity_146
You can’t lose $132K per vehicle on a $60K unless you are including all the R&D costs for a new technology. Such a BS interpretation of the financials.
outisnemonymous
Also that’s only for the “e” business unit, not for fleet sales, which are counted differently.
OkStandard8965
Ford will never sell EVs for a profit, Fords future is so uncertain they cannot even explain it clearly.
mmavcanuck
ITT: People continue to not understand automaker financial/accounting.
7 Comments
Lost $132k per EV sold in the quarter.
Some weird accounting here. How can 10,000 sales only be $100MM? That’s an average revenue per vehicle of $10,000.
The future Ford corporate biopic is going to be epic.
You can’t lose $132K per vehicle on a $60K unless you are including all the R&D costs for a new technology. Such a BS interpretation of the financials.
Also that’s only for the “e” business unit, not for fleet sales, which are counted differently.
Ford will never sell EVs for a profit, Fords future is so uncertain they cannot even explain it clearly.
ITT: People continue to not understand automaker financial/accounting.