Electric Vehicles Are Crushing Ford's Profitability

Ford (NYSE: F) reported another profitable quarter in Q2 2024, but the market didn't like what it heard about the business. Losses are mounting in EVs, and warranty costs are a concern that won't go away. In this video, Travis Hoium shows why Ford's strategy is falling behind competitors.

*Stock prices used were end-of-day prices of July 28, 2024. The video was published on July 29, 2024.

Travis Hoium has positions in General Motors. The Motley Fool recommends General Motors and recommends the following options: long January 2025 $25 calls on General Motors. 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.