Ford Motor Company has incurred over $16 billion in losses from its electric vehicle (EV) business since 2022 due to an early push into a market that wasn’t fully ready. The company expects these significant losses to continue, projecting a break-even point for its EV division around 2029, coinciding with the launch of new EV production methods and an affordable midsize electric truck in 2027. Despite the current financial drain, this eventual reversal of losses presents a substantial opportunity for investors as capital can then be reallocated to profitable projects or returned to shareholders.
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How Quickly Can Ford Reverse This $16 Billion Problem?
Ford Motor Company has incurred over $16 billion in losses from its electric vehicle (EV) business since 2022 due to an early push into a market that wasn’t fully ready. The company expects these significant losses to continue, projecting a break-even point for its EV division around 2029, coinciding with the launch of new EV production methods and an affordable midsize electric truck in 2027. Despite the current financial drain, this eventual reversal of losses presents a substantial opportunity for investors as capital can then be reallocated to profitable projects or returned to shareholders.