Ford Model E's New Segment Level Financial Results

Ford released new segment level financial results on Friday. Results were offset by enormous losses at Ford model e where events the earnings before interest taxes are down more than two million that's an awful lot management also unveiled their segment level forecast for 2023 again four blue was good and four pro looks fantastic they expected to really double in profitability this year oh just escaping win of Ford model e now they're talking about losses as much as three billion this year disappointing to mahi frame it well not surprising just the magnitude was disappointed when for co cfo john lollar report he described the electric vehicle businesses the sort of internal startup gradually scaled up but also they're committed to getting that business to profitability in 2026