Tesla or Ford? Analysts name their favorite stock as the EV race heats up

The past month has been an eventful one for Tesla and Ford . Electric vehicle maker Tesla made waves as it slashed prices in a bid to stoke demand . Soon after, automaker Ford — which also now makes EVs — followed suit by cutting prices across its Mustang Mach-E model range. Both firms recently reported quarterly results. Tesla reported earnings and revenue that topped analyst projections, but Ford disappointed , with its CFO John Lawler adding that its EV business is not currently profitable.

"Ford offers more affordable add-ons to the Mach E relative to the Model Y," it said, citing examples such as the premium paint options and hands-free driving systems. However, it was ultimately underweight on Ford, giving it a price target of $10, or 30% downside. Morgan Stanley's Equity Analyst Adam Jonas in a Feb. 2 note said the bank sees room for Ford to improve capital efficiency. He also pointed out the cost pressure on Ford.

What happened to GM's EV push?

GM of course 😂😂😂

Stop trolling Twitter for new customers. Your articles are empty and meaningless.

The choice is obvious when looking at the product: Tesla.

Ford has the best customer service. A lot of locations will shuttle you home for free while your car is in the shop. They are also unionized, and I'll support good working conditions.

If you want to reach Mars go TESLA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ford is returning to F1 to help sell electric cars, CEO Farley saysFord and Red Bull Racing are joining forces to build hybrid power units for Formula One in 2026 as the automaker begins shifting toward electric vehicles. Then Ford and every other car manufacturer will be stuck with them
Source: FoxBusiness - 🏆 458. / 53 Read more »

'1923' star Harrison Ford shares secrets about season two and reveals why he'll never retireHarrison Ford revealed whether he'll return for season two of the hit Paramount+ show '1923.' The actor also gave fans an update on his retirement plans. Harrison is an example!
Source: FoxNews - 🏆 9. / 87 Read more »

Jay Leno checks out a restored Ford Mustang K-CodeIt's time to learn about the original performance Mustang.
Source: motorauthority - 🏆 61. / 68 Read more »

Harrison Ford Done With Indiana Jones After The Dial of DestinyAlthough Harrison Ford is dusting off his hat to return as Indiana Jones, he won't be coming back for anymore after this one. That's good, because I was done after the third one.
Source: comingsoonnet - 🏆 578. / 51 Read more »

Ford vs. GM: A tale of two automakersGM and Ford are driving down two different paths for investors, creating a divide within the automotive sector after quarterly earnings and input from the CEOs.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Why are people paying so much for 20-year-old Ford Excursions?Why are people paying so much for 20-year-old Ford Excursions? — via drivingdotca Vintage Collectible ClassicCars Trucks FordExcursion
Source: TheStarPhoenix - 🏆 253. / 63 Read more »