Ford sold 96,000 electric cars in 2022... Any legacy auto company that is selling less than 1 million cars per year is likely not profitable.
I would guess Ford has no expectation of making money at that volume. There is so much capital investment to spread out over 96,000 cars.
>>83% each year
96,000 * 1.83^4 = 1,076,653
If they can do 83% increase per year, they are at that 1 million cars in four years. Though, I suspect they 83% is not based on expected growth, but on back-calculating from the target 1,000,000. So we'll need to check in a year from now.
