Automotive: Ford losing billions on EVs

Ford has lost $6 billion on EVs over three years but hopes to someday reach profit margins of 8% on EVs and 10% company-wide.  Good luck with that.

Ford is losing $34,000 per EV sold.

Now the losses are resulting in mass layoffs, the automaker’s latest effort to defray the heavy cost of investing in nonprofitable electric cars.

This latest reduction of Ford’s white-collar workforce includes employees in its electric-vehicle and software side of the business, the company spokesman confirmed.

EVs and the taxpayer-subsidized industrial policy that mandates them is an unmitigated disaster.

Corporations are killing off American jobs to appease climate cult.

GM and RAM also losing Billions on EVs

GM boss Jim Farley says GM & RAM will lose insane amounts of money on EV’s

Global Warming Fail

A new Las Vegas record has been set! As of yesterday, they have not reached 100° for 291 straight days.  

This breaks the all-time longest streak of consecutive days below 100° set in 1964-1965 (290 days).

 Temperature data for Las Vegas goes back to 1937 via @NWSVegas.