Forget Ford Stock, Buy This Instead For 2024 and Beyond
Legacy automakers had to deal with a raft of issues in 2023. In addition to the colossal task of figuring out how to build literal "data centers on wheels," electric vehicle (EV) pioneer Tesla (TSLA -0.18%) hastened on a price war. Faced with mounting losses on EV production, rising wages for auto union workers, and higher interest rates pressuring consumers' appetite for new vehicle purchases, automakers tapped the brakes on rolling out new electrified models. Ford (F 1.46%) weathered the storm, though, an ...