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Sunday, February 7, 2021

Barron's: Ford Mustang Mach-E -- February 7, 2021

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.

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