Ford’s New Mustang Drags on the Street

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Mustang purists aren’t very happy about their beloved pony car becoming an SUV, and an electric one at that. Investors don’t seem all that impressed, either.

On Sunday in Los Angeles, Ford Motor Co. unveiled the Mustang Mach-E, an electric SUV that bears the name of and takes its styling cues from Ford’s most famous car.

It got a ton of attention in the automotive press and on social media, but the Street reviews so far have been, well, flat. Ford shares closed Monday unchanged at $8.95.

 

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