Signs of Ford Collapse

[M.W.]

Bullshit. Total clickbait comment. You are suggesting as if they had done so for a long time. They lost money in 2022 mostly for completely different reasons than their core automobile manufacturing:

Its 2022 loss was due in part to a $7.4 billion mark-to-market loss from selling off stock in the electric-vehicle startup. And the Dearborn automaker was hit with a $2.7 billion impairment from its investment in autonomous-vehicle company Argo AI, which was dissolved into Ford and partner Volkswagen AG

Lol... Ford loses money on every vehicle they make. The only reason they will survive is the same as Soviet Russia.. government support for labor unions who only care about the paycheck. Too unionized to fail, remember?

 

[VicBee]

 

[SunTrader]

Lol... Ford loses money on every vehicle they make. The only reason they will survive is the same as Soviet Russia.. government support for labor unions who only care about the paycheck. Too unionized to fail, remember?

LOL alright. Agggggain union (or otherwise) workers shouldn't care about their paycheck just like corporations should care profit, huh?

 

[SunTrader]

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Left out Ferrari conveniently.

Forbes article but behind paywall for those who might be a sub:-

Ferrari Is Worth More Than Tesla—per Car. It’s Falling After Earnings.

By
Al Root
Feb. 2, 2021 12:40 pm ET

https://www.barrons.com/articles/fe...er-car-its-falling-after-earnings-51612287638

 

[VicBee]

Left out Ferrari conveniently.

Forbes article but behind paywall for those who might be a sub:-

Ferrari Is Worth More Than Tesla—per Car. It’s Falling After Earnings.

By
Al Root
Feb. 2, 2021 12:40 pm ET

https://www.barrons.com/articles/fe...er-car-its-falling-after-earnings-51612287638

Comparing vehicle manufacturers, not purveyors of luxury goods

 

[VicBee]

LOL alright. Agggggain union (or otherwise) workers shouldn't care about their paycheck just like corporations should care profit, huh?

Huge difference! In their quest for profits corporation are forced to compete and innovate or die (unlike communist manufacturers). Unions on the other hand seek to maximize labor pay packages and are only interested in change if it benefits them. Nothing changes unless the union approves it, and it always comes at a price.

 

[M.W.]

Congrats you finally figured out what is going on at Tesla. Exploitation of workers, greedy hooked nose taking whatever he can get away with.

View attachment 305753

 

[M.W.]

What Tesla is doing is not innovate. They exploit workers and customers. Their car quality is absolute shit and of the absolute lowest quality standard. And they are completely overpriced given the tech that is built into it at the given quality level. Sadly, many young folks with too many tears to shed and emotions and feelings to share fall for this brand. Uncle Elon is laughing his ass off all the way to the bank.

Huge difference! In their quest for profits corporation are forced to compete and innovate or die (unlike communist manufacturers). Unions on the other hand seek to maximize labor pay packages and are only interested in change if it benefits them. Nothing changes unless the union approves it, and it always comes at a price.

 

[SunTrader]

Huge difference! In their quest for profits corporation are forced to compete and innovate or die (unlike communist manufacturers). Unions on the other hand seek to maximize labor pay packages and are only interested in change if it benefits them. Nothing changes unless the union approves it, and it always comes at a price.

No difference at all nowadays. Union auto plants have to compete against non-union ones. In this country and all around the world.

1960's called and sez you need an attitude adjustment to reality of 2020's

 

[murray t turtle]

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Ford does have a lot more debt than GM;
maybe Ford should not have lobbied for the old ''cash for clunkers program''-- that may have confused some people
Partial disclosure i did trade about that time; but no need to trade for clunkers just because of cash. But GM was the one that went bankrupt not Ford.
But with new technology, no wonder GM raced from $22 in 1915 to $555area
I like the idea of EVs, takes a lot of fossil fuels to charge batteries + mine minerals+ metals