Ford Outperforms Expectations, Losing Only $50k per Unit in EV Division

Ford Motor Company famously lost more than $100,000 per unit sold during Q1 2024 in its Model e EV division. In yesterday’s earnings call, CEO Jim Farley was able to report great improvement, noting that Model e lost just $50,000 per unit sold for the year’s second quarter.

You just cannot make this stuff up, folks, don’t even try.

Here’s an excerpt from …