Ford Loses This Whopping Amount of Money on Each EV It Makes
If you were asked how much money Ford Motor Company (NYSE: F) makes on each electric vehicle (EV) it manufactures, what would you guess?
If you channeled your inner Price Is Right contestant and said $1 dollar, you'd have over bet by about $66,000.
That's right, Ford -- like most manufacturers not named Tesla -- is losing a staggering amount on each EV sold. So how do the folks at the Blue Oval turn a profit on its EV program by 2026? Let's dig in.
Source Fool.com
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