Meet Kevin
@realMeetKevin · May 3, 2023
*HOLY SH9T* Ford $F, the company that's supposed to take on @Tesla, JUST revealed their *net* margin on electric vehicles.
Ford NET EV Income Today: *negative* 40%.
Ford PROJECTED Net EV Income: *negative* 20%.
Tesla today's net margin: 11.4%.
Good job @elonmusk & team.
Elon Musk
@elonmusk
Always tough with margins for new vehicle lines, especially when there are major technology shifts.
I think Ford’s overall strategy with EVs is smart.
The electric F-150 (Lightning) has high demand.
07:43 PM · May 3, 2023 · 2.5M views
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