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SVTPerformance's Chain of Restaurants
Road Side Pub
Ford equal to Junk?
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<blockquote data-quote="VRYALT3R3D" data-source="post: 16288498" data-attributes="member: 131770"><p>The Bronco should have been released by now and I doubt it will make any impact on the stock price. Take a look at Ford's EBIT profits, which are nothing to write about. In fact, they have been on a decline for years now. If Trump didn't reduce Ford's tax bill, it would be even worse!</p><p></p><p>To think that ICE vehicles are going away is, quite frankly, hilarious. The take rate for EVs are so low and half of that market share is to Tesla. Without the government heavily subsidizing electric cars or forcing automakers to make them, they would not be around. Finally, auto sales have been declining and long term financing is plauging the industry. The only reason Tesla has a high stock price is because it is treated like a tech company, not a car company.</p></blockquote><p></p>
[QUOTE="VRYALT3R3D, post: 16288498, member: 131770"] The Bronco should have been released by now and I doubt it will make any impact on the stock price. Take a look at Ford's EBIT profits, which are nothing to write about. In fact, they have been on a decline for years now. If Trump didn't reduce Ford's tax bill, it would be even worse! To think that ICE vehicles are going away is, quite frankly, hilarious. The take rate for EVs are so low and half of that market share is to Tesla. Without the government heavily subsidizing electric cars or forcing automakers to make them, they would not be around. Finally, auto sales have been declining and long term financing is plauging the industry. The only reason Tesla has a high stock price is because it is treated like a tech company, not a car company. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Ford equal to Junk?
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