| ▲ | bko 16 hours ago | |||||||
Or they're unprofitable and highly competitive. Ford: It recorded a loss of $1.2 billion in EBIT in the third quarter on its EVs, bringing its losses on the segment for the first three quarters of 2024 to $3.7 billion Honda: Honda to Write Off $15.7 Billion as EV Winter Arrives. https://www.reuters.com/business/autos-transportation/ford-r... https://www.barrons.com/articles/gm-stock-general-motors-inv... https://www.barrons.com/articles/honda-to-write-off-15-7-bil... | ||||||||
| ▲ | manoDev 15 hours ago | parent [-] | |||||||
That projection won't last in a world where Brent Oil @ $100. That was only true while the petrodollars kept flowing. | ||||||||
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