Ford Just Lost Billions of Dollars on EVs. Here's Why That's Good News.

Published on 6 Jan 2024 on Motley Fool via Yahoo Finance

Ford Just Lost Billions of Dollars on EVs. Here's Why That's Good News.

Ford Motor Company (NYSE: F) just released its fourth-quarter sales data for investors to chew on before the company releases its fourth-quarter and full-year 2023 results later this month. The good news is that the company posted a record quarter for electric vehicle (EV) sales, but the bad news is that means billions of losses in the near term.

Here's why it's still a positive development for Ford investors.

Devil in the details

Read the rest of the article

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