Ford Just Reported a Massive Loss on Every Electric Vehicle It Sold
Ford’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. From a report: Ford, like most automakers, has announced plans to shift from traditional gas-powered … ⌘ Read more