Today’s Research Reports on Stocks to Watch: Ford Motor and Tesla

NEW YORK, NY / ACCESSWIRE / March 27, 2017 / Ford’s share value took a 0.43% plunge by the end of business today, to trade at $11.62 per share compared to the previous $11.67 per share. The company has already announced they expect losses by the end of 2017, with the performance attributed to the company’s expansion ambitions. The company is yet to launch its “fully driverless” vehicles. The profits will take a $1.4 billion plunge, with estimated pointing to a $9 billion adjusted pretax profit, down from last year’s $10.4 billion.

RDI Initiates
Coverage:

Ford Motor Company https://ub.rdinvesting.com/news/?ticker=F

Tesla Inc. https://ub.rdinvesting.com/news/?ticker=TSLA

The company, however, owes the decrease to their planned investment and investment in emerging opportunities, with a recovery expected to be realized by the end of 2018. Bob Shanks, Ford’s Chief Financial Officer on Thursday 23rd announced these projected results. The company’s core automaking business is expected to in 2017, with the company announcing its intentions to dive into new technology and infrastructure. This will, in turn, make the company explore more transportation-related products and services.

Access RDI’s Ford Motor Research Report at: https://ub.rdinvesting.com/news/?ticker=F

Tesla has been enjoying an upward trend in its share price, with the company experiencing a 3.29% increase to close the day at $263.16 per share. Industry experts owe the progressive trend to Tesla’s ability to turn a weakness into strength. The company is experiencing a “do-away” strategy as it announced earlier its intentions to get rid of its cheapest models.

The company yesterday on Frida, March 24th, 2017 announced its intentions to do away with the Model S sedan, its cheapest model to date. The auto company has finished raising $250 million in common shares last week, and an $850 million in convertible notes, to cater for the launch of the new Model 3. Wall Street, however, deemed this collection bordering on the low but had expected the company to raise more capital to facilitate the Model 3 launch. The automotive industry is adjusting to meet the new technological and regulatory demands, with Tesla showing no intentions of slowing down regarding market dominance.

Access RDI’s Tesla Research Report at: https://ub.rdinvesting.com/news/?ticker=TSLA

Our Actionable Research on Ford Motor Company (NYSE: F) and Tesla Inc. (NASDAQ: TSLA) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and reviewed by Nadia Noorani, CFA® charter holder. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information, please read our full disclaimer at www.rdinvesting.com/disclaimer.

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