Ford beats Q2 expectations

[RickMachE]

Results much better than Q1.

600,000 run rate moved to 2024 from 2023...

Lightning getting LFP in 2024.

https://s201.q4cdn.com/693218008/fi...d-Q2-2023-Corporate-Earnings-Presentation.pdf

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[Blue highway]

a couple of thoughts...

Evergreen software is one of the key things I expected from the car... they are slowly kinda doing it... they called out BC 1.3 coming to 21's and 22's.

1.1B negative EBIT for E cars is brutal. I can imagine there are some highly energized conversations about how to get to EVs without going broke.

 

[hybrid2bev]

I can imagine there are some highly energized conversations about how to get to EVs without going broke.

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[Blue highway]

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ahhh... you may be sadly correct.

 

[lurker]

Honestly, if they had an option for faster acceleration in the non-GT models, I would pay it. Like the acceleration boost for Long Range Model 3s.

I am not a financial guy but with the amount they're spending on new factories and plants, aren't these losses expected?

 

[tannerk89]

Honestly, if they had an option for faster acceleration in the non-GT models, I would pay it. Like the acceleration boost for Long Range Model 3s.

I am not a financial guy but with the amount they're spending on new factories and plants, aren't these losses expected?

I haven’t read financial statements from many others in the industry and I don’t believe they are as clearly separated by legacy and EV - so my answer is relatively uninformed... but the majority of auto manufacturers are spending a lot of capital retooling factories and creating all new batter assembly plants and supply chains. So yeah, in terms of competition I would say those losses by the Model-E are pretty common.

 

[generaltso]

Honestly, if they had an option for faster acceleration in the non-GT models, I would pay it.

Be careful what you wish for.

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