Ford expects adjusted EBIT of $7 billion to $8.5 billion in 2025. It’s also forecasting that Model e will lose another $5 to $5.5 billion this year.
Its guidance is slightly lower than expected, given the potential impact of Trump’s imposing tariffs on Canada, Europe, and Mexico.
On the earnings call with investors, Farley said a 25% tariff on imports from Mexico and Canada would have massive impacts, creating billions in losses, but it will continue working with government leaders on a solution.
Ford’s stock fell over 5% on Wednesday’s post-market trading following the report and the potential impact of tariffs.