Friday, February 07, 2020

Ford just shot itself in the foot it seems... remember how excited people were that the Explorer and Ranger and Bronco were making a comeback? Well... what happened there? Somehow Tesla botched the bulletproof window, and took all the investors and publicity away

Since July 2014, Ford stock is down 53%.

Did they go to Wall Street, walk into the stock exchange, and commit some unspeakable sex crime against every trader there?

No?

They watched CEO Mulally leave, replaced him with Mark Fields, and now Jim Hackett.

Who? Exactly. No Henry Ford for god damn sure. Not even Edsel Ford. Shit, why dance around it, not even an Edsel.

Compare Tesla... to Ford.

Tesla shares are up 75% this year.

Tesla Stock is up 250% in the last 8 months

Tesla is up 2,519%  since 2012

Tesla is worth more than any car make not named Toyota.

No wonder Ford quit making cars. 

7 comments:

  1. Yeah, quit making cars. And they stupidly presumed that their 'loyal' customers who had been buying cars from them would buy crossover SUV's instead. Nope, they're getting their cars from someone else.

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  2. One day people will realise Tesla will never profit. Their stocks worth a lot because people are betting. Apple had similar hype but they were dominating the market. Tesla sells 0.001% of the car market. One day that will crash.

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    1. Ummm, Tesla is already profitting.
      And yeah, their stock is going crazy from rich people betting that it's going to go much higher, and they'll profit from that.
      Same thing happened with Bit Coin. People saw something going long and far, and profitable. Then they all cashed out.
      Isn't Tesla dominating the market for electric sports cars? Yep. Didn't they just get a couple hundred thousand orders for the new truck? Yep.
      Aren't the big 5 car makers wasting time on electric car r and d, and most of the hype about electric cars and autonomous vehicles driving the stock market? Yep.
      So, isn't Tesla already ahead of the pack? Looks like it to me.
      Don't confuse me with someone who can afford one, or who has money to invest in the stock market.
      Not me.
      And I prefer the cool old 60s muscle cars anyway. I'm not arguing about Tesla because I have any skin in the game, I'm merely saying what's getting some raised eyebrows are Ford falling fast, turning it's backs on cars, and Tesla stock getting amazing high goals, that it's shattering and still racing past.
      It's just news.

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  3. Not a Tesla fan and I don't quite get their popularity. I looked at Tesla 3 ownership map from 3/1/19 and the four biggest state's are #1 California with over 35,000 and New York, Washington and Florida all with 3,500 - 30,000. Fucking yuppies is all I can think! I can, will and enjoy doing my own thinking behind the wheel. Artificial intelligence....shove it!!!

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    1. Dale, I have to agree. Artificial intelligence be damned. If I can't control the car myself, then it's time for me to stop driving. On another blog I saw a picture of an old VW. On the passenger side of the car on the door it reads; NO ABS, No Airbags, No Brake Assist, Power steering, Air Conditioning, NO Electric Windows, NO Central Locking, NO Stop and Start, Stabilizer Bars, Stereo, NO GPS. NO PROBLEMS!

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  4. Then go ahead and call your new EV a "Mustang Mach E" you won't piss of all the Mustang owners, just most of them.

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  5. tesla definitely has the best self driving system, by far , and the best battery and charging systems, their charging stations are all over urban and suburban areas.

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