Ford Motor Reveals Financial Details of EV Unit

The automaker still anticipates achieving an 8% pretax margin by late 2026

Deputy Editor
Mar 23, 2023 at 9:05 AM
facebook X logo linkedin

Ford Motor Company (NYSE:F) today revealed financial details that could give Wall Street a better understanding of how profitable its evolving electric vehicle (EV) business is.

On an operating basis, the automaker's EV business lost $2.1 billion last year, offset by $10 billion in profits from its internal combustion and fleet units. The company expects to lose $3 billion this year, though it still anticipates achieving an 8% pretax margin by late 2026. 

Ford Motor stock is edging higher ahead of the open, last seen up 1.7% at $11.67. After briefly breaking above its 20-day moving average earlier this month, the trendline is once again providing resistance on the charts, as is the $12 area. Year-to-date, F sports a small 3.7% lead.

For those wanting to weigh in, options look like the right route, with traders pricing in low volatility expectations. This is per the stock's Schaeffer's Volatility Index (SVI) of 41% that sits higher than just 24% of annual readings.

It's also worth noting F's Schaeffer's Volatility Scorecard (SVS) ranks at 75 out of 100, suggesting it has exceeded options traders' volatility expectations over the past year.


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI