Updates
Later, 1:37 p.m. CT: this article goes a long way explaining why the F-150 Raptor, 8-cylinder starts at $109,000, and quickly trades at $172,000. This is not inflation; this is paying for ESG. See update here.
Original Post
I'll come back to this later, but for now, the links.
The WSJ: the EV business:
- 2021: a los of $900 million
- 2022: a loss of $2.1 billion (forecast, $2 billion to $3 billion)
- 2023: forecast -- a loss of $3 billion
CNBC: link here:
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