Ford’s income statement shows $70 million in “Smart Mobility” revenue (but we’ve stopped breaking out the $300 million in expenses to get that). An article in today’s Detroit News says that General Motors is already booking $2 BILLION in mobility subscription revenue. Ford is way behind our competitors in this space, and the article went on to say consumers will likely resist signing up for vehicle subscriptions. We are heading into some deep trouble, sell your stock while it is worth more than you paid for it.
4 replies (most recent on top)
When our “smart” products so far are scooters and “jelly” and a bunch of things that have been discontinued, we are nowhere near a sustainable revenue stream.
This stuff right here is gonna save the company. Smart data = big profits.
No recalls with making profits off of smart data. That, is smart.
Post ID: @1sqf+1dCjZaeH
If you ever logged on to a computer or owned a cell phone, your data is out their and monetized already.
Nobody wants to buy subscription anything from Ford. My data is not for anyone to sell for profit.