....Ford incurred a $1.14B loss on EV, wiping out its profits on ICE, which is why it had to backtrack on its EV plans.
....I did caution you EV/Lithium isn't going to get better, anytime soon.
BREAKING: Ford stock, $F, falls over 10% on the day after posting a massive earnings miss.
Ford reported EPS of $0.47 which was a whopping 31% below expectations of $0.68.
Ford also posted $44.0 billion of Automotive revenue, below expectations of $44.8 billion.
Warranty issues were the largest contributor to the miss in quarterly earnings per share.
Brutal quarter for automakers.
https://x.com/KobeissiLetter/status/1816205709064728611
EV/Lithium, page-898
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)