How Quickly Can Ford Reverse This $16 Billion Problem?

2026-02-18 23:35:00 ET

Investors in Ford Motor Company (NYSE: F) and General Motors (NYSE: GM) are all too aware that companies can sometimes be both right and wrong at the same time . In this instance, Ford and GM, along with many competitors, jumped ahead on electric vehicle (EV) strategies that will very likely prove correct in the long term, but were extremely costly in the meantime because the U.S. market simply wasn't ready yet.

With 2025 in the books, Ford has lost more than $16 billion on its electric vehicle business since 2022. The question has always been when those hefty losses would reverse -- and now we finally have our answer.

Ford recently reported its fourth quarter and full-year results, and its Model-e was again dragging down the company's bottom line . Ford lost $4.8 billion in its Model-e division despite producing only three EV models. That was a slight improvement from the prior year's more than $5 billion loss, but the automaker still expects to lose between $4 billion and $4.5 billion in 2026.

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