Tesla Makes More Money Than Ford and GM Combined

10 Feb 2023 | Abstracted from The Street

"GM, for its part, posted net income of $9.9 billion on revenue of $157 billion for the year. Ford was in the red last year, posting a net loss of $2 billion on revenue of $158.1 billion.

"Ford has an adjusted margin before interest and taxes of 6.6%, while GM says its adjusted Ebit margin in North America was 10.1% in 2022."

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