Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

The Surprisingly Good Reason Why Tesla Should Acquire Ford


Tesla (NASDAQ: TSLA) has disrupted the global auto industry, and is easily the most valuable automaker on earth. However, investors are also giving the company a lot of credit for what they expect it will do, not what it's already done. In coming years, the company will need to spend enormous amounts of money to build out its manufacturing capacity, while continuing to invest in technology and its products to continue growing. 

On the Dec. 8 edition of "The Wrap" on Motley Fool Live, host Jason Hall made a bold proposition: Tesla should acquire Ford (NYSE: F). Not only would this go a long way toward jump-starting the company's growth needs by acquiring Ford's massive global manufacturing footprint, but Tesla founder and CEO Elon Musk would gain a leg up in fully disrupting the auto industry. Only this time, with the manufacturing heft of one of the industry's heavyweights. 

Continue reading


Source Fool.com

Like: 0
Share

Comments