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Ford looses 1 BILLION last quarter. #7916379
07/30/23 11:08 AM
07/30/23 11:08 AM
Joined: Feb 2014
Posts: 13,180
Ky
J
jbyrd63 Offline OP
trapper
jbyrd63  Offline OP
trapper
J

Joined: Feb 2014
Posts: 13,180
Ky
Guess the Sniffy bunch will have to give them more money this next budget. At the rate the EV program is loosing money the 9.1 billion will be gone soon if not already. Funny how the electric F-150 didn't take off. Must have been the fact if you tow 2-3000 lbs it has a range less than 100 miles !!

Re: Ford looses 1 BILLION last quarter. [Re: jbyrd63] #7916403
07/30/23 12:03 PM
07/30/23 12:03 PM
Joined: Dec 2010
Posts: 34,929
Central, SD
Law Dog Offline
trapper
Law Dog  Offline
trapper

Joined: Dec 2010
Posts: 34,929
Central, SD
The government makes rules that block success and lack common sense then they blame everything else for the failures. Look up why we don’t have US mini trucks now not that they would not sell or be more fuel efficient it’s because they don’t fit into the EPA formula standards the government made up.

Yet cowboy Cadillacs, Expeditions and Escalades have been selling nonstop over the years that fit into the same formula. Today we are being pushed to straight EV vehicles that will push out hybrid vehicles so we are forced to use power from a grid that might not be able to supply it. It would seem a duel powered vehicle would make more sense than a single powered one. Last I knew the military uses multi fuel vehicles for practical reasons.

Not sure how the common man could afford a EV to use it over a long period economically. Once that battery goes poof how many average working stiffs have easy access to $15,000 for a new one on hand?

My buddy brags about his Tesla I just smile knowing once the majority of vehicle are dependent on that electric power the tax hammer will drop hard.


Was born in a Big City Will die in the Country OK with that!

Jerry Herbst
Re: Ford looses 1 BILLION last quarter. [Re: jbyrd63] #7916440
07/30/23 12:40 PM
07/30/23 12:40 PM
Joined: Dec 2006
Posts: 15,770
MN, Land of 10,000 Lakes
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Trapper7 Offline
trapper
Trapper7  Offline
trapper
T

Joined: Dec 2006
Posts: 15,770
MN, Land of 10,000 Lakes
Germany, Austria, and Netherlands are lifting restrictions on power stations that use fossil fuels.


Must be nice to eat ice cream as fast as you want and not have to worry about brain freeze.
Re: Ford looses 1 BILLION last quarter. [Re: Trapper7] #7916456
07/30/23 12:54 PM
07/30/23 12:54 PM
Joined: Dec 2006
Posts: 63,205
Minnesota
330-Trapper Offline

trapper
330-Trapper  Offline

trapper

Joined: Dec 2006
Posts: 63,205
Minnesota
Originally Posted by Trapper7
Germany, Austria, and Netherlands are lifting restrictions on power stations that use fossil fuels.

Smarter than us


NRA and NTA Life Member
www.BackroadsRevised@etsy.com




Re: Ford looses 1 BILLION last quarter. [Re: jbyrd63] #7916483
07/30/23 01:45 PM
07/30/23 01:45 PM
Joined: Jun 2007
Posts: 16,150
Tennessee
Scuba1 Offline
"color blind Kraut"
Scuba1  Offline
"color blind Kraut"

Joined: Jun 2007
Posts: 16,150
Tennessee
letting the government get involved in ANYTHING is a sure fire way to screw it up.


Let's go Brandon

"Shall not comply" with morons who don't understand "shall not infringe."
Re: Ford looses 1 BILLION last quarter. [Re: jbyrd63] #7916552
07/30/23 03:22 PM
07/30/23 03:22 PM
Joined: Jun 2015
Posts: 4,973
rogers city mi.
J
jeff karsten Offline
trapper
jeff karsten  Offline
trapper
J

Joined: Jun 2015
Posts: 4,973
rogers city mi.
Maybe they just can't find it happens to a lot of taxpayer money nowdays


olden tyred
Re: Ford looses 1 BILLION last quarter. [Re: jbyrd63] #7916558
07/30/23 03:34 PM
07/30/23 03:34 PM
Joined: Dec 2006
Posts: 20,096
SEPA
L
Lugnut Offline
trapper
Lugnut  Offline
trapper
L

Joined: Dec 2006
Posts: 20,096
SEPA
On the local news the other morning the Talking Heads were reporting that electric companies in the region are asking people to scale back their electric usage to avoid overloading the grid and losing power.

That should tell anybody with at least a little bit of common sense that plugging a whole bunch of electric vehicles into our current grid simply isn’t going to work.

The current system gets overloaded now because of a couple of days over 90°. What’s going to happen when 100,000 people try to charge their vehicles all at the same time?

Maybe the government is planning on pumping billions and billions more into the system to improve the grid?


Eh...wot?

Re: Ford looses 1 BILLION last quarter. [Re: jbyrd63] #7916592
07/30/23 04:27 PM
07/30/23 04:27 PM
Joined: Dec 2006
Posts: 7,599
SW Pa
B
Bob Jameson Offline
trapper
Bob Jameson  Offline
trapper
B

Joined: Dec 2006
Posts: 7,599
SW Pa
This Gov't doesn't have or use common sense, that is very clear.

Re: Ford looses 1 BILLION last quarter. [Re: Bob Jameson] #7916617
07/30/23 05:03 PM
07/30/23 05:03 PM
Joined: Dec 2022
Posts: 4,543
illinois
J
jalstat Offline
trapper
jalstat  Offline
trapper
J

Joined: Dec 2022
Posts: 4,543
illinois
Originally Posted by Bob Jameson
This Gov't doesn't have or use common sense, that is very clear.

How true lol

Re: Ford looses 1 BILLION last quarter. [Re: jbyrd63] #7916635
07/30/23 05:37 PM
07/30/23 05:37 PM
Joined: Dec 2009
Posts: 20,339
The Hill Country of Texas
Leftlane Offline
"HOSS"
Leftlane  Offline
"HOSS"

Joined: Dec 2009
Posts: 20,339
The Hill Country of Texas
x3


“What’s good for me may not be good for the weak minded.”
Captain Gus McCrae- Texas Rangers


Re: Ford looses 1 BILLION last quarter. [Re: jbyrd63] #7916864
07/30/23 10:49 PM
07/30/23 10:49 PM
Joined: Aug 2010
Posts: 10,841
Asheville, NC
C
charles Offline
trapper
charles  Offline
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C

Joined: Aug 2010
Posts: 10,841
Asheville, NC
Only electric F 150s I seen were top of the line trim and very expensive. Seems like the market might favor EV trucks for tradesmen use, such as plumber to electricians. Offer a no frill model.

Last edited by charles; 07/30/23 10:50 PM.
Re: Ford looses 1 BILLION last quarter. [Re: jbyrd63] #7916870
07/30/23 10:58 PM
07/30/23 10:58 PM
Joined: Feb 2014
Posts: 13,180
Ky
J
jbyrd63 Offline OP
trapper
jbyrd63  Offline OP
trapper
J

Joined: Feb 2014
Posts: 13,180
Ky
Not practical as a work truck. That’s the issue. The 300 mile range drops off drastically when there is any weight added. The cost is drastically high because of RandD and the fact they require so many computer' chips .
Ford is looking to scale back the EV program and follow Toyota lead and push for hybrid line of vehicles

Re: Ford looses 1 BILLION last quarter. [Re: jbyrd63] #7916884
07/30/23 11:27 PM
07/30/23 11:27 PM
Joined: Jul 2016
Posts: 3,141
Michigan
D
Ditchdiver Offline
trapper
Ditchdiver  Offline
trapper
D

Joined: Jul 2016
Posts: 3,141
Michigan
How do the batteries last in cold climates?
I will never own one but have to believe that (just like other batteries) the carge will last less in colder climates...


When life gets me down..... you know hunting/trapping season is closed.
Re: Ford looses 1 BILLION last quarter. [Re: jbyrd63] #7916917
07/31/23 12:32 AM
07/31/23 12:32 AM
Joined: Dec 2022
Posts: 4,543
illinois
J
jalstat Offline
trapper
jalstat  Offline
trapper
J

Joined: Dec 2022
Posts: 4,543
illinois
The total plan is control every aspect of the peons lives with the exceptions of the elites and that is the bottom line.

Re: Ford looses 1 BILLION last quarter. [Re: Ditchdiver] #7916924
07/31/23 12:42 AM
07/31/23 12:42 AM
Joined: Apr 2018
Posts: 765
Bush Alaska
victor#0 Offline
trapper
victor#0  Offline
trapper

Joined: Apr 2018
Posts: 765
Bush Alaska
Originally Posted by Ditchdiver
How do the batteries last in cold climates?
I will never own one but have to believe that (just like other batteries) the carge will last less in colder climates...


If I remember correctly they lose 50%, the battery also drains quickly if your towing something. I've also read that the batteries cost around 15 to 20k to replace.

Re: Ford looses 1 BILLION last quarter. [Re: jbyrd63] #7917057
07/31/23 09:13 AM
07/31/23 09:13 AM
Joined: Jan 2010
Posts: 1,291
Manitoba Canada
M
MB Coonguy Offline
trapper
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M

Joined: Jan 2010
Posts: 1,291
Manitoba Canada
lots of Ford Lightnings sitting on lots up here-cost to benefit just doesn't add up

Re: Ford looses 1 BILLION last quarter. [Re: jbyrd63] #7917071
07/31/23 09:31 AM
07/31/23 09:31 AM
Joined: Nov 2010
Posts: 1,424
USA-WI
K
Kre Offline
trapper
Kre  Offline
trapper
K

Joined: Nov 2010
Posts: 1,424
USA-WI
I hate to burst your bubble...

Ford makes $1.9 Billion

Probably confusing the loss of a billion on EVs. Still, they made a lot of money overall.

Re: Ford looses 1 BILLION last quarter. [Re: jbyrd63] #7917130
07/31/23 11:17 AM
07/31/23 11:17 AM
Joined: May 2012
Posts: 5,900
michigan,USA
S
seniortrap Offline
trapper
seniortrap  Offline
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S

Joined: May 2012
Posts: 5,900
michigan,USA
Anytime you have a government mandate rules and regs, things will eventually go haywire.


Vietnam--1967 46th. Const./Combat Engineers

"Chaotic action is preferable to orderly inaction."
"After the first shot, all plans go out the window!"
Re: Ford looses 1 BILLION last quarter. [Re: Kre] #7917161
07/31/23 12:06 PM
07/31/23 12:06 PM
Joined: Feb 2014
Posts: 13,180
Ky
J
jbyrd63 Offline OP
trapper
jbyrd63  Offline OP
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J

Joined: Feb 2014
Posts: 13,180
Ky
Originally Posted by Kre
I hate to burst your bubble...

Ford makes $1.9 Billion

Probably confusing the loss of a billion on EVs. Still, they made a lot of money overall.


What did their stock do since they made so much ?
Ford now expects to lose $4.5 billion before interest and taxes on battery-powered cars and trucks in 2023, it said on Thursday, up from an earlier forecast of a $3 billion loss.

[Linked Image]

Last edited by jbyrd63; 07/31/23 12:13 PM.
Re: Ford looses 1 BILLION last quarter. [Re: jbyrd63] #7917173
07/31/23 12:17 PM
07/31/23 12:17 PM
Joined: Nov 2010
Posts: 1,424
USA-WI
K
Kre Offline
trapper
Kre  Offline
trapper
K

Joined: Nov 2010
Posts: 1,424
USA-WI
Originally Posted by jbyrd63
Originally Posted by Kre
I hate to burst your bubble...

Ford makes $1.9 Billion

Probably confusing the loss of a billion on EVs. Still, they made a lot of money overall.


What did their stock do since they made so much ?
Ford now expects to lose $4.5 billion before interest and taxes on battery-powered cars and trucks in 2023, it said on Thursday, up from an earlier forecast of a $3 billion loss.

[Linked Image]


As you've shown, the stock price has gone down.

But, the fact remains that for made money last quarter and quite a bit of it.

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