Barron's posted a glowing review of Ford's Mustang Mach-E. Link here. I would have missed it. Sent it to me by a reader.
My not-ready-for-prime-time reply:
1. Elon Musk would be very, very worried -- if Tesla was a car company. It's not.
2. From what I see, Ford is still a car (truck) company.
3. 2021 will be a fascinating year to watch the earnings for Ford. I think earnings still matter for Ford.
4. Earnings for Tesla don't matter. They will matter eventually but not any time soon.
5. If P/Es do matter:
- Ford's P/E: n/a
- Tesla's P/E: only 1,300 (LOL)
- GOOG: 36
The 1Q21 deliveries will be interesting to follow:
It
will be interesting to see the head-to-head deliveries, Tesla vs Ford. I
think that's a ridiculous metric to follow but that's what the analysts
will follow.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.