Under a new reporting structure that breaks out the performance of its EV business, Ford said the unit lost $722 million in the quarter. Executives have said they view the EV portfolio like a startup, which will lose money as it builds scale.
Ford cuts prices on its Mustang Mach-E electric vehicle, reports $1.8 billion profit https://www.wsj.com/articles/ford-mustang-mach-e-price-earnings-fa85a1cb?st=f0ealyf279c4i7h&reflink=article_imessage_share