|
10-04-2023, 07:34 PM
|
|
Sage
|
Join Date: Feb 2020
Posts: 15,335
Thanks: 1,263
Thanked 16,302 Times in 6,397 Posts
|
|
Quote:
Originally Posted by mtdjed
Originally Posted by Caymus View Post
How does all this allow Ford to compete against lower cost EV makers. They will be the highest cost manufacturer.
Put that one to bed. Ford CEO makes $21,000,000/Yr. Ford makes around 6,500,000 vehicles. So that wage amounts to about $3.25 per vehicle.
CEO wage has relatively small impact on auto cost. Unit cost is a function of Labor, Materials and overhead. CEO salary is a very small part of overhead.
|
A basic understanding of economics and finance and some posters would not make the silly comments they make.
|