How much car companies burn on EV Ford $F: Anywhere from $36,000...

  1. 1ronnie
    21,052 Posts.
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    27/04/24
    21:39
    Post #: 73540086
    How much car companies burn on EV

    Ford $F: Anywhere from $36,000 to $65,000 per EV sold
    $GM: Lost $1.7 billion on its EV business in 2023
    Tesla $TSLA: Generates an average gross profit of $8,431 per car
    Rivian $RIVN: Sells its EV for over $80,000 on average, but loses more than $33,000 on every EV it sells

    https://x.com/Benzinga/status/1783894556464894237

    and all this even before the threat of super cheap Chinese EVs.

    and you expect lithium suppliers to thrive under this condition?
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    lightbulb Created with Sketch.  Great analysis
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