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Ford has racked up a jaw-dropping $35.1 billion in losses on its EV misadventure, which raises the question: why on earth does Ford chief executive Jim Farley still have a job?

Probably because the last administration did all but hold them at gunpoint to make them produce EVs. The only thing that ended up doing is souring the entire market on the type except for certain people who need them to signal their virtues. See GM's little fiasco with the diesel car that pretty much destroyed the market in the USA.

> Ford has racked up a jaw-dropping $35.1 billion in losses on its EV misadventure, which raises the question: why on earth does Ford chief executive Jim Farley still have a job? Probably because the last administration did all but hold them at gunpoint to make them produce EVs. The only thing that ended up doing is souring the entire market on the type except for certain people who need them to signal their virtues. See GM's little fiasco with the diesel car that pretty much destroyed the market in the USA.
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[–] • 2 pts (edited )

The largest drop came in the fourth quarter and that decline was blamed on the expiration of the $7,500 tax credit at the end of September.

Well suck a dick EV autos. Looks like EVs cannot compete without the taxpayer subsidizing it. "What the market will bear" is how shit works you stupid enviro-fucks. Thanks for playing. Tune in next time when I build a car that runs off coal and the market is stunned when I move more units than all EVs combined.