I hope we can pursue them. I appreciate that. Madam Secretary. In the little bit of time I have left, Representative Biggs talked about the loss of money to the car companies. Ford is delaying introduction of its all new electric SUV. It lost 130,000 on every EV. The division will lose 5.5 billion in 2024. Tesla saw an 8.5% decline in deliveries. GM lost 1.7 billion in Q4 of 2023. This is all happening at taxpayer expense. The increase in EV usage and sales is wholly by the federal government. (04:20–04:32)
CLAIM
Asserts that Ford is delaying an electric SUV and losing money on EVs, projecting a $5.5 billion loss in 2024.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
