
Stocks to Watch - What to Watch in the Markets this Week
Barron's Live
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Will Ford EV Reach Profitability Faster?
Ford is losing $2.1 billion in 2022, selling about 96,000 units; that's a margin of about minus 40%. Tesla wasn't really consistently profitable until they made 400,000 cars a year. If Ford can scale their EV business and get to that 500, 1 million unit a year mark, there's every reason to believe the EV business will be profitable. For my money and I'm an auto EV optimist, that's pretty good.
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