Submitted by EW234 t3_11zj7dz in technology
Sorge74 t1_jde55xw wrote
Reply to comment by Badfickle in Ford says EV unit losing billions, should be seen as startup by EW234
I'm not knowledgeable about all this, but since Ford EVs are constantly sold out, The price can't be too high?
Waaypoint t1_jdhfapj wrote
EVs are overpriced !
They are sold out.
Did you hear they are raising their prices even higher !
They are sold out.
The tax credit doesn't even get them into the price range of ICE cars !
They are sold out.
They are losing BILLIONS because no one wants them !
They are sold out.
They won't work for MY road trip !
They are sold out.
Squeaky clown shoes sounds...
Sorge74 t1_jdhfwld wrote
Basically, the top comment in this thread, they lost money because overpriced? If I'm on a 6 months waiting list, kind of seems like they are underpriced, which could be a real reason you lose money on something.
Waaypoint t1_jdhm69l wrote
Yep, and the production cost goes down as soon as you use enough of the more expensive infrastructure to build units; set-up, development, purchasing new machines, building new processes have a steeper initial cost than you would pay to maintain their operation. It is a whole new platform with entirely new equipment and processes.
Most of the objections against EVs are not based on how they are performing in the market, their desirability, and the ROI over time.
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