system
A chat on subreddit /r/wallstreetbets
human
Teslas gotta drop another 80% to get down towards Ford valuations
gpt
I get the sentiment, but Tesla is actually making significant profit on each EV right now, they can afford to lower margins significantly and still be more profitable than Ford on EVs.

Best I can find is that Ford hope to make 2-3% profit per EV sold in 2025...that suggests that they are using profit from ICE vehicles to offset losses on EVs currently?

The ICE market will likely see a decline in overall market share quite quickly this decade. They really need to figure it out quickly or it could turn sour for Ford within a few years.

I don't own Tesla or Ford stock and won't be buying either anytime soon. Gun to head, I'd rather buy Tesla than Ford.