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Old 30-04-2024, 08:04 AM   #5
roKWiz
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Default Re: Ford EV business loses $1.3 billion in Q1 2024

Quote:
Originally Posted by Dr Smith View Post
To offer some counter balance how long did it take Tesla to turn in a profit from its first days of building passenger car EV's...and that was during a period of virtually no competition, particularly from the Chinese ...?

Edit, found my answer...18 years to make a profit and even today Tesla earns billions from other auto makers through emissions credits.

https://www.nytimes.com/2021/01/27/b...-earnings.html
Interesting bloke Elon. Great TV program about Twitter last night.

I find it funny, the guy who is anti-Vax and anti-Woke Liberal sells most of his cars to the very people he hates.

I couldn't imagine anyone wanting to start a car company let alone a totally new technology car company.

FORD's going to do it tough.
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