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Ford Can’t Compete With Tesla Despite Doubling F-150 Lightning Production: Analyst

Ford Can't Compete With Tesla Despite Doubling F-150 Lightning Production: Analyst

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By virtue of it being the first mover, Tesla, Inc. (NASDAQ:TSLA) commands a market-leading position in the EV industry, and while many analysts believe the fast-growing market is capable of supporting multiple players, Tesla’s dominance will not end anytime soon, according to Louis Navellier, who runs Nevada-based hedge fund Navellier & Associates. Tesla Stays Ahead With Cheaper LFP Batteries: Ford Motor Company (NYSE:F) is chief among the legacy automakers making a big push into the EV arena.

...read full article on Benzinga

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