EV Stocks: Why Ford Has a Long Way to Go Before It's a Buy
Ford Motor Company (NYSE: F) is an old dog learning new tricks. The company at the forefront of the American automotive industry is building an electric vehicle business after successfully brought the technology to the mainstream consumer.
But progress isn't free, let alone cheap. Ford is investing billions in developing and manufacturing EVs, and has split the company into separate reporting segments to give investors a peak behind the curtain.
Electric may be the future, but Ford's transition period has become a bumpy ride that may keep the stock from performing for a while. Here is what investors need to know.
Source Fool.com
Tesla Inc Stock
€204.85
0.790%
Currently there is a rather positive sentiment for Tesla Inc with 72 Buy predictions and 29 Sell predictions.
As a result the target price of 240 € shows a slightly positive potential of 17.16% compared to the current price of 204.85 € for Tesla Inc.
