Go Woke, Go Broke: Ford Announces Mind-Bogglingly Huge Losses on Each EV Sold in 2024

Go Woke, Go Broke: Ford Announces Mind-Bogglingly Huge Losses on Each EV Sold in 2024


Ford’s attempt to electrify its revenue through electric vehicle production has been a swing and a miss.

In response to the decreasing market for EVs, Ford has begun cutting orders from its battery supplies, according to Bloomberg.

Even though this changeup will be beneficial in the long run, Ford will not come out of its EV experiment unscathed. Sources told Bloomberg that Ford lost over $100,000 per EV in the first quarter of 2024, more than double its deficit from last year.

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The news comes as the EV market across the country has taken a hit in 2024. The Associated Press reported last month that sales of electric vehicles only grew at 3.3 percent during the first quarter of this year, a sharp decrease from

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