Except ford is losing a ton of money on EVs. I think yesterday a report came out their margins are -44% on EVs.
While they might be selling some EVs, they’re pretty far from what Tesla is doing as a business.
While they might be selling some EVs, they’re pretty far from what Tesla is doing as a business.
What is GM's cash cow? Pickups and the Tahoe/Yukon/Suburban/Escalade platform...pretty much the polar opposite of "environmentally conscious" products
Ford? Same thing, monster F150s
These companies aren't killing their cash cows
Indeed, I expect both companies to dramatically tone down the rhetoric on EVs soon and just refer to them as "alternatives"
Or even worse, start PR campaigns highlighting the inconveniences (charging times etc) of EVs