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Why Electric Vehicles Don't Matter to Ford (Yet)

Ford is losing $1 billion on electric vehicles, but the core business is doing extremely well.

By Travis Hoium – Aug 2, 2023 at 9:00AM EST

There's not a lot to like about Ford's (F 0.69%) electric vehicle business, which lost over $1 billion last quarter. But the company's ICE business is doing so well that it doesn't matter, yet. Travis Hoium covers the latest in this video. 

*Stock prices used were end-of-day prices of July 28, 2023. The video was published on July 31, 2023.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

Stocks Mentioned

Ford Motor Company Stock Quote
Ford Motor Company
NYSE: F
$11.56
(-0.73%)-$0.09

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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