Ford Lost Over A Billion Dollars On EVs Last Quarter Alone

29/04/2024 17:07

Ford has shared its financial results for Q1 2024, and its a bit of a mixed bag, with varying performance across the automakers three divisions. While the Ford Pro and Ford Blue sectors raked in plenty of cash, the electric Model e division remains a financial black hole, with a staggering $1.3 billion loss between January and March. That's roughly double what the Blue Oval lost during the first quarter of 2023.