[Maarten88]

Disruption at work. Ford can't make money on selling EV's, their overall margin suffers with every EV they sell. They have large existing investments in factories, processes and people that produce combustion engines. They can't lower prices and sell enough of them for economies of scale to start working.

Tesla is the new Ford. Ford (and most other car manufacturers) will have a difficult time, most manufacturers are probably doomed. After the current hesitation phase, when the economics are there (very soon), customers will almost all go electric.

[s1artibartfast]

If the marginally produced EVs are profitable, then total profit trumps average margin.

It seems like the bigger concern is that the trucks simply arent selling

[hollerith]

What investors (and their "agents" CEOs) want is ROI, which depends on not only total profit, but also total amount invested and how long it has to stay invested. Hence the relevance when GP says that "They have large existing investments in factories, processes and people that produce combustion engines".