Re: Ford passes Tesla as No. 2 U.S. car maker as stock goes on a tear
Looks like Ford is finally turning the proverbial corner. Higher than expected earnings, even though they are not great, and their investment in Rivian drove the stock.
I believe this because their investment in high margin and very popular products will only perpetuate this good news. I read that in only a few years, Ford will earn $1B more by replacing the Focus / C-Max products with Ranger / Bronco. That's just one factory. And although Ranger is a solid hit, it will be nothing compared to new Bronco. Add to that new Explorer / Aviator, Escape / Corsair and mini bronco and of course hybrid versions of all the above, including F150.....and dang if Ford will not rake in the profits like never before. All in the next year or so. And then I think Wall Street will really love Ford when they show their BEV plans in greater detail, just as they roll out F150 and Mach products. And the best part of not wasting time and resources on too many low margin products, is you can re-invest more and sooner in your big $$$ makers. Go Ford
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Last edited by wingsnut; 04-26-2019 at 08:40 PM.