Forum Discussion
Durb
Mar 23, 2023Explorer
Just out: Ford projects it will lose 3 billion dollars on its electrical vehicle production in 2023.
Margins on Rivian's products are at negative sixty-two percent.
It has been three years since Tesla teased their Cybertruck - no trucks yet. Word is market viability is a large concern.
Those that tow may be forced into EVs by a certain date in certain states. However, there may not be anyone manufacturing product for them to buy. Companies cannot eat losses like these and remain viable. .
Margins on Rivian's products are at negative sixty-two percent.
It has been three years since Tesla teased their Cybertruck - no trucks yet. Word is market viability is a large concern.
Those that tow may be forced into EVs by a certain date in certain states. However, there may not be anyone manufacturing product for them to buy. Companies cannot eat losses like these and remain viable. .
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