Ford stock is struggling to gain momentum today despite the motor company unveiling its new electric vehicle, the Mustang Mach-E, which is seen as a genuine contender to Tesla (NASDAQ:TSLA) in the EV space.
While Ford (NYSE:F) has been dipping its toes in the EV game for years, its venture gained substance in April of this year when it emerged that the iconic carmaker was investing $500 million in EV maker Rivian. This investment would see the Michigan-based Tesla rival manufacture a fully-electric pickup truck and a sports car, the results of which have finally been ...
Read The Full Article On StreetSignals.com
Get the latest stock market news on StreetSignals. Follow public companies and get free stock research reports and stock market analysis data and stock tips.
All content provided by StreetSignals is subject to our Terms Of Use and Disclaimer.