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Ford's Model E division has suffered massive financial losses, with reported losses amounting to $5.1 billion in 2024, yielding an alarming negative margin of 132%. Analysts forecast that losses could reach between $5 to $5.5 billion again this year. Such figures starkly contrast with Tesla’s financial health; Tesla reported a net income of $7.1 billion and a much stronger overall business model, revealing how far behind Ford currently is.