Durb wrote:
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. .
Yet Tesla makes bilions on their EVs.
Ford just doesnt have the know how to build at profit,why is that?
Check Munro live chanel for answers
Cybrtrk is delayed bc of batery shortage.
