Strategy change hits hard: Porsche reports historic 99% drop in profits

[Redaktion]

Porsche reported a 99% drop in profits in the third quarter of 2025. Operating profit fell to just €40 million. The main reason for this was the expensive strategic shift toward electromobility, which involved billions in special expenses.

https://www.notebookcheck.net/Strategy-change-hits-hard-Porsche-reports-historic-99-drop-in-profits.1147866.0.html

[indyp]

And now with China about to flood the Canadian market with EVs, most legacy carmakers are rightfully screwed.

I'll be heading up to Canada from the US to grab my Chinese EV.  Thank you very much, China!

[Sunhuivchai]

So what,they met a decision to convert Economic capital(they worked for since the WWII) into Symbolic capital.
I've already stocked up the popcorn.
Such type of the total potlatch based on religious myths generated by the secularized religion called "science" which generated a new fear-based justification for the new form of control and resources extraction called "climate change".