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re: Thoughts on Ford at $11.xx?
Posted on 2/13/21 at 9:54 am to fjlee90
Posted on 2/13/21 at 9:54 am to fjlee90
For every car Tesla sells, Ford sells 4.
Right now ford is worth $45 billion and Tesla is worth 17 times that amount at $783 billion.
When Ford is able to fill their existing revenue streams with EV cars, trucks, and vans they’ll still be outselling Tesla and the market cap gap will close.
This is why I’m really bullish on Ford, its not because I like the brand. The truth is I’ve never even owned a Ford.
Add the market share the new Bronco will take from Jeep and it only creates more momentum.
Right now ford is worth $45 billion and Tesla is worth 17 times that amount at $783 billion.
When Ford is able to fill their existing revenue streams with EV cars, trucks, and vans they’ll still be outselling Tesla and the market cap gap will close.
This is why I’m really bullish on Ford, its not because I like the brand. The truth is I’ve never even owned a Ford.
Add the market share the new Bronco will take from Jeep and it only creates more momentum.
1
Posted on 2/13/21 at 11:10 am to bass
Not a popular opinion around this board, but I do not think Workhorse wins the USPS contract. I think Ford Oshkosh do. For this, and the other EV positive things listed above, I do think Ford is a buy. Would have liked it to come back to $10, but just keep DCA because once more positive news hits there is going to be no looking back.
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