Tag: Ford engine
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Ford says it will lose $3 billion in electric cars this year because it touts the start-up mentality
Ford Motor Co.F -0.52% expects to lose about $3 billion this year on its electric vehicle business, a reminder of how far traditional automakers have to go to make their EV portfolio profitable. Ford announced the figure Thursday as it outlined a new financial reporting structure designed to help investors better understand the performance of […]
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Tesla stock is more popular than ever among individual investors
In recent weeks, they’ve been buying up shares of Elon Musk’s electric vehicle maker at a breakneck pace, repeatedly setting records for one-day purchases. As of 2023, they have spent a net $13.6 billion on Tesla stock, which is approaching the all-year record of nearly $17 billion, according to Vanda Research. Their interest in Tesla […]