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Ford's EV Transition Results in $4.8 Billion Loss, CEO Prioritizes Profitability

Ford's CEO admitted that the transition to electric vehicles has been challenging, with the company's EV division incurring a $4.8 billion loss. He emphasized that Ford cannot continue to allocate funds to unprofitable ventures.

8 Apr, 23:01 — 8 Apr, 23:01
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YahooMostly Factual2d ago

Ford CEO Knew the EV Transition Would Hurt, But the Reality Is a $4.8B Loss — 'We Can't Allocate Money For Things That Will Not Make Money'

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