Ford (F) Model e EV division posted a -194.8% margin in the first half of 2024
The popular carmaker's electric vehicles department operated at significant losses throughout the first half of its fiscal 2024.
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The popular carmaker's electric vehicles department operated at significant losses throughout the first half of its fiscal 2024.
In its Q4 2023 earnings report, Ford revealed that it lost $4.7 billion on its Model E EV segment.