Comment Re: Honda should listen better (Score 1) 137
Eventually Tesla turned a profit. They too didn't initially make enough money to offset startup costs, but eventually those costs got covered.
Ford is both dealing with legitimate startup costs and perhaps engaging in Hollywood accounting to shuffle expense where it signs to their financial strategies (maybe tax breaks on losses related to electrification or something, or bundling broader expense problems together under an understandable silo). As the supply chain stabilizes and the fixed costs are already incurred, I fully anticipate Ford will become profitable in that endeavor.
It doesn't even have a unit cost of 130k to produce, so it's disingenuous to claim each car sold costs then more.