Fiat Chrysler CEO: Please Don't Buy 500e Electric Car

[vm2011]

Yes you have heard it right.
Fiat Chrysler Automobiles Chief Executive Sergio Marchionne has a request for potential buyers of the automaker's Fiat 500e electric car: Don't buy it. He's tired of losing money- because every time I sell one it costs me $14,000

Speaking at a conference in Washington on Wednesday, Marchionne said Tesla Motors Inc was the only company making money on electric cars and that was because of the higher price point for its Model S sedan. Decrying the federal and state mandates that push manufacturers to build electric cars, Marchionne said he hoped to sell the minimum number of 500e cars possible

Fiat Chrysler CEO: Please don't buy Fiat 500e electric car | ET Auto