The 6,047 U.S. EV sales included roughly 5,574 Mustang Mach-Es and 289 F-150 Lightnings for the third quarter.
This goes to show no one wants to buy Ford EV. Ford projected to lose $4 billions in 2026 for Model E division.
Let's see if Ford can sell 30,000 EV for 2026. This division will be out of business in 2027.
Ford stock will not go up because of $4b loss each year. Shutdown the EV business. Focus on what the company can build and don't try to compete when you don't have the expertise. Back to the basic or file for bankruptcy.
Good opportunity for personal outsourcing.
https://www.youtube.com/watch?v=rYaZ57Bn4pQ
Ford should shutdown the EV business.
The Mach E numbers were artificially driven through management lease.
Trying to remember the halcyon days of the Goldman Sacks BRIC reports and Jack Welch & The G.E. Way: Management Insights and Leadership Secrets of the Legendary CEO. About the time of the Firestone tire crisis our CEO was on TV saying while there are only 1 billion cars on the road today, in twenty years there will be 4 billion.
Then the layoffs came…
K will not be forgiving. Pappa don't take no mess. That whole business unit had better stop thinking its some special snow flake and go ahead and fall in line. Otherwise those stock options and retention will mean jack. SV rejects obtained through sad Ford stock options because they needed a place to go. You think they left where they were at because Ford somehow paid better? Please....
You obviously know nothing about it and very, very obviously aren't working on it.
I lost count of the number of people who got promoted for these Model E initiatives, And don’t even talk about the people we hired from Apple/Rivian etc. This place is meant for Friends and Family, and if you don’t belong to that group, better get out of here.
100% my man - people here can see the forrest for the trees are in the way.....
How people don't understand this is a multi decade methodical approach that is well on pace to deliver is unfathomable. It's not rocket science Lollll. Billions upon billions lost at this phase of the plan is like a tiny paper cut - while it may hurt a little, the pain will go away in a couple hours.
If this was my own business, I would get rid of model E years ago
@OP - to early to writedown,
energy business is smart, just do not issue refunds when ai bo-m goes bo-m
geely in eu, smart, cannot win, join
euv yet to be seen, it might hit as well, with those gas prices and purpose built car
@ae if Model e is still progressing at full pace, Ford is in even worse trouble than we thought.
Model e is still progressing at full pace. You are judging its financial performance on legacy developed non-Model e led products? That ludicrous.
Come back and comment when the UEV is out for public consumption as a true Model e product and its accompanying services is producing profits.