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0 0 0.000756518545721694 0.00146896804994488 0.00329783327212634 -0.000734484024972441 0.00257069408740361 0.000367242012486286
Stock impact report

Ford CEO Jim Farley takes subtle shot at Tesla Cybertruck [Yahoo! Finance]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Company Research Source: Yahoo! Finance
its electric vehicle division over the next two years as it shifts production away from EVs and toward hybrid and extended-range vehicles. Ford shares were up 2% in early market trading Tuesday, Dec. 16, on the news. $3.6 billion (through the third quarter) $5.1 billion $4.7 billion $2.2 billion At a time when most traditional original equipment manufacturers still withhold the numbers, Ford broke out its Model e EV division in March 2022, laying its finances bare in the process. While investors commend the transparency, the results have not been pretty. Model e lost $1.4 billion in the third quarter alone, and through the first three quarters, it has lost $3.6 billion so far this year. Ford attributed about $3 billion of those losses to its first-generation EV products, including the Mach-E, F-150 Lightning, Puma, Explorer, and Capri. The rest is from investments in its next-generation EVs. "The really high-end EVs, the $50k, $60k, $70k EVs just weren't selling," Show less Read more
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