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EVs Put Ford in Reverse: Company Projects $3bn Loss
Finance chief John Lawler tried to stave off investor worries after the announcement on Thursday, claiming โstartups lose money as they invest in capability, develop knowledge, build volume and gain share,โ vowing the company will erase its losses by 2026.
The Model e electric-vehicle divisionโs losses grew from $900m in 2021 to $2.1bn in 2022, due in part, Lawler said, to the construction of two battery-cell factories in Kentucky and one in Tennessee.
It took more than ten years for main competitor Tesla to stop losing money and posting consistent profits - its 2022 operating margin stood at 16.8%, with a cost advantage of over $10,000 per electric car over Ford.
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EVs Put Ford in Reverse: Company Projects $3bn Loss
Finance chief John Lawler tried to stave off investor worries after the announcement on Thursday, claiming โstartups lose money as they invest in capability, develop knowledge, build volume and gain share,โ vowing the company will erase its losses by 2026.
The Model e electric-vehicle divisionโs losses grew from $900m in 2021 to $2.1bn in 2022, due in part, Lawler said, to the construction of two battery-cell factories in Kentucky and one in Tennessee.
It took more than ten years for main competitor Tesla to stop losing money and posting consistent profits - its 2022 operating margin stood at 16.8%, with a cost advantage of over $10,000 per electric car over Ford.
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Rory McIlroyโs strong finish makes it two wins from two in WGC-Dell Match Play
All: BreakingNews.ie (RSS)
McIlroy made it two wins out of two in sensational style
All: BreakingNews.ie (RSS)
McIlroy made it two wins out of two in sensational style
Gwyneth Paltrow causing ski collision is most likely scenario, US court told
All: BreakingNews.ie (RSS)
Retired optometrist Terry Sanderson is suing Ms Paltrow over the 2016 incident, in which he suffered several broken ribs and a severe concussion
All: BreakingNews.ie (RSS)
Retired optometrist Terry Sanderson is suing Ms Paltrow over the 2016 incident, in which he suffered several broken ribs and a severe concussion
Two arrested on suspicion of murder in 'Kerry Babies' case
All: BreakingNews.ie (RSS)
An Garda Sรญochรกna said on Thursday that a man (60s) and woman (50s) are being held at stations in the south of country
All: BreakingNews.ie (RSS)
An Garda Sรญochรกna said on Thursday that a man (60s) and woman (50s) are being held at stations in the south of country
What the papers say: Friday's front pages
All: BreakingNews.ie (RSS)
All the headlines from the day's national newspapers
All: BreakingNews.ie (RSS)
All the headlines from the day's national newspapers
Judgment due in Graham Dwyer murder case appeal
All: BreakingNews.ie (RSS)
It comes after Dwyer won a case in the EU about the mobile data retention practices used in the case against him
All: BreakingNews.ie (RSS)
It comes after Dwyer won a case in the EU about the mobile data retention practices used in the case against him
Pentagon reacts to Xi Jinpingโs visit to Russia
RT World News (RSS)
The Chinese leaderโs trip to Moscow โsends a very troubling message,โ Secretary of Defense Lloyd Austin said
Chinese President Xi Jinpingโs recent state visit to Russia should be regarded as a matter of grave concern for Washington, US Secretary of Defense Lloyd Austin told lawmakers on Thursday.
Speaking at the House of Representativesโ subcommittee on defense appropriations, Austin was asked to comment on Xiโs trip to Moscow, and its ramifications for Sino-US competition....
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RT World News (RSS)
The Chinese leaderโs trip to Moscow โsends a very troubling message,โ Secretary of Defense Lloyd Austin said
Chinese President Xi Jinpingโs recent state visit to Russia should be regarded as a matter of grave concern for Washington, US Secretary of Defense Lloyd Austin told lawmakers on Thursday.
Speaking at the House of Representativesโ subcommittee on defense appropriations, Austin was asked to comment on Xiโs trip to Moscow, and its ramifications for Sino-US competition....
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Credit Suisse-UBS merger likely to impact 14,000 jobs in India
WION - world News Releases (RSS)
The turmoil in the banking sector across the world has led to market upheaval and massive financial losses.
mailto:wionnewsweb@gmail.com
WION - world News Releases (RSS)
The turmoil in the banking sector across the world has led to market upheaval and massive financial losses.
mailto:wionnewsweb@gmail.com
Watch: Mass shooting prevented as security guards take gunman down at Florida strip club
WION - world News Releases (RSS)
Tampa Police Department officials are hailing security guards at a strip club in Florida for preventing a mass shooting.
mailto:wionnewsweb@gmail.com
WION - world News Releases (RSS)
Tampa Police Department officials are hailing security guards at a strip club in Florida for preventing a mass shooting.
mailto:wionnewsweb@gmail.com
Daily Expose
The Fatal Shot: Why the COVID Vaccine caused a Public Health Catastrophe and Millions of Excess Deaths
โ @riptie โ
The Fatal Shot: Why the COVID Vaccine caused a Public Health Catastrophe and Millions of Excess Deaths
โ @riptie โ
The Expose
The Fatal Shot: Why the COVID Vaccine caused a Public Health Catastrophe and Millions of Excess Deaths
Medicine Regulators have already admitted that COVID vaccination can cause damage to the heart muscle and lead to cardiovascular complications such as heart failure, myocarditis, or pericarditis. Bโฆ
Media is too big
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RT News (Telegram)
US Hegemony Is Weakening as More Countries Turn Their Backs on Washington
A recent report indicates that, despite around 140 countries condemning the Ukrainian conflict, some 85% of the world's population does not participate in the Western sanctions against Russia.
RT correspondent Steve Sweeney explains.
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US Hegemony Is Weakening as More Countries Turn Their Backs on Washington
A recent report indicates that, despite around 140 countries condemning the Ukrainian conflict, some 85% of the world's population does not participate in the Western sanctions against Russia.
RT correspondent Steve Sweeney explains.
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RT News (Telegram)
Russia Launches Military Satellite
Russiaโs Aerospace Forces successfully launched a military satellite into orbit on Thursday morning, the countryโs Defense Ministry has announced.
According to a statement, a Soyuz-2.1a carrier blasted off at 9:40am local time (06:40 GMT) from the Plesetsk Cosmodrome. The rocket had โa spacecraft in the interests of the Russian Ministry of Defenseโ aboard.
It is the first launch of a Soyuz-2.1a rocket from the Plesetsk Cosmodrome this year. In 2022, the base was the venue for 13 of 22 space launches conducted by Russia.
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Russia Launches Military Satellite
Russiaโs Aerospace Forces successfully launched a military satellite into orbit on Thursday morning, the countryโs Defense Ministry has announced.
According to a statement, a Soyuz-2.1a carrier blasted off at 9:40am local time (06:40 GMT) from the Plesetsk Cosmodrome. The rocket had โa spacecraft in the interests of the Russian Ministry of Defenseโ aboard.
It is the first launch of a Soyuz-2.1a rocket from the Plesetsk Cosmodrome this year. In 2022, the base was the venue for 13 of 22 space launches conducted by Russia.
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Canadian MP Han Dong exits party over Chinese interference allegations: Report
WION - world News Releases (RSS)
Canadian member of parliament Han Dong has stepped down from the Liberal Party led by Prime Minister Justin Trudeau over allegations that he was in
mailto:wionnewsweb@gmail.com
WION - world News Releases (RSS)
Canadian member of parliament Han Dong has stepped down from the Liberal Party led by Prime Minister Justin Trudeau over allegations that he was in
mailto:wionnewsweb@gmail.com
Over 1 million protest Macronโs pension reform across France
RT World News (RSS)
More than 450 people were arrested and some 440 officers wounded amid clashes in Paris and elsewhere
France saw its largest protest so far against President Emmanuel Macronโs pension reform on Thursday, with more than a million people taking to the streets across the country.
The gatherings started peacefully, but were marred by violence in Paris and several other cities, as police used batons, tear gas and water cannons to disperse rioters, who hurled rocks and Molotov cocktails at officers, set up barricades, and vandalised public property.
The French Interior Ministry said 1.089 million people took part in the ninth na...
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RT World News (RSS)
More than 450 people were arrested and some 440 officers wounded amid clashes in Paris and elsewhere
France saw its largest protest so far against President Emmanuel Macronโs pension reform on Thursday, with more than a million people taking to the streets across the country.
The gatherings started peacefully, but were marred by violence in Paris and several other cities, as police used batons, tear gas and water cannons to disperse rioters, who hurled rocks and Molotov cocktails at officers, set up barricades, and vandalised public property.
The French Interior Ministry said 1.089 million people took part in the ninth na...
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Russian rocket fire kills 5 in east Ukraine town, Kyiv says
WION - world News Releases (RSS)
Disclaimer: A number of claims and counterclaims are being made on the Ukraine-Russia conflict on the ground and online.
mailto:wionnewsweb@gmail.com
WION - world News Releases (RSS)
Disclaimer: A number of claims and counterclaims are being made on the Ukraine-Russia conflict on the ground and online.
mailto:wionnewsweb@gmail.com
Denmark invites Nord Stream operator to help salvage mystery object
RT World News (RSS)
The Gazprom-owned company can participate in the recovery of an unknown object found near the sabotaged pipeline, Copenhagen has said
Danish authorities have said they will permit the Russian-owned operator of the sabotaged Nord Stream 2 pipeline to take part in the salvaging of a mystery object discovered in Denmarkโs territorial waters. Danish warships were recently spotted in the area close to the damaged pipeline.
Copenhagen is seeking to clarify the nature of the object, which the Danish Energy Agency will endeavor to do with assistance from the military, according to a...
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RT World News (RSS)
The Gazprom-owned company can participate in the recovery of an unknown object found near the sabotaged pipeline, Copenhagen has said
Danish authorities have said they will permit the Russian-owned operator of the sabotaged Nord Stream 2 pipeline to take part in the salvaging of a mystery object discovered in Denmarkโs territorial waters. Danish warships were recently spotted in the area close to the damaged pipeline.
Copenhagen is seeking to clarify the nature of the object, which the Danish Energy Agency will endeavor to do with assistance from the military, according to a...
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US, Canada reach agreement to turn away asylum seekers at unofficial border crossings
WION - world News Releases (RSS)
The US and Canada have agreed to refuse asylum seekers at unauthorisedร border crossings.ร The officialร agreement will be announced on Friday (March
mailto:wionnewsweb@gmail.com
WION - world News Releases (RSS)
The US and Canada have agreed to refuse asylum seekers at unauthorisedร border crossings.ร The officialร agreement will be announced on Friday (March
mailto:wionnewsweb@gmail.com
RT News (Telegram)
US Preparing Mass AI Surveillance of its Citizens - Report
Over 500 AI projects - each receiving thousands if not millions of dollars in federal funding - are reportedly being amassed to clamp down on โmisinformationโ and โdisinformationโ online and identify the origins of what Washington deems hate speech, according to a report by The Federalist.
Primer Technologies' $3m award for its โsocial media event monitoringโ allows it to assess online conversations, identify who takes part in them, the relationships between participants, and their location, as well as the โsentimentโ of the discussion and any opposing narratives, the report says.
The Department of Defense also allegedly gave $1.5m to PeakMetrics, which tracks over 1.5m news sources, blogs, social networks, podcasts, TV/radio, [and] email newsletters,โ and was awarded a separate payment from the Air Force to...
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US Preparing Mass AI Surveillance of its Citizens - Report
Over 500 AI projects - each receiving thousands if not millions of dollars in federal funding - are reportedly being amassed to clamp down on โmisinformationโ and โdisinformationโ online and identify the origins of what Washington deems hate speech, according to a report by The Federalist.
Primer Technologies' $3m award for its โsocial media event monitoringโ allows it to assess online conversations, identify who takes part in them, the relationships between participants, and their location, as well as the โsentimentโ of the discussion and any opposing narratives, the report says.
The Department of Defense also allegedly gave $1.5m to PeakMetrics, which tracks over 1.5m news sources, blogs, social networks, podcasts, TV/radio, [and] email newsletters,โ and was awarded a separate payment from the Air Force to...
View original post
RT News (Telegram)
โก๏ธMontenegro Arrests Do Kwon, Charges Crypto Fugitive with Forgery
Mere hours after his arrest in Podgorica by Interpol, and subsequent charges by the US for fraud, Montenegro has also charged the South Korean cryptocurrency 'entrepreneur. (AFP)
Just In @RT_India_official
โก๏ธMontenegro Arrests Do Kwon, Charges Crypto Fugitive with Forgery
Mere hours after his arrest in Podgorica by Interpol, and subsequent charges by the US for fraud, Montenegro has also charged the South Korean cryptocurrency 'entrepreneur. (AFP)
Just In @RT_India_official