Ford's Revenues Show How Far Ahead Tesla Is
Ford is the first legacy automaker to break out ICE and EV numbers.
In 2022, the company pushed out 96K EVs and lost $2.1 billion. That breaks down to about $22K per unit.
In this video we discuss how far ahead Tesla is as evidenced by this. The Ford situaiton shows how they next 5 years is going to be hard for them.
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It's hard for anyone to really catch up to Tesla because most of them don't have the megafactories to build all their parts. Tesla spent a lot of money in the beginning getting those parts to a point but that has paid off as they sold more cars.
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