Ford Says EV Unit Losing Billions, Should Be Seen As Startup

Slashdot
By BeauHDMar 23, 2023, 7:20 pm210 pts
Ford's electric vehicle business has lost $3 billion before taxes during the past two years and will lose a similar amount this year as the company invests heavily in the new technology. The Associated Press reports: The figures were released Thursday as Ford rolled out a new way of reporting financial results.…

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