Wall Street: “Ford’s current offering is the best in decades.” And the title reaches the record on the stock market

Just a few days ago, we told you about the umpteenth upward revision for the production volume of Ford, which is experiencing tremendous interest in its electric vehicles. Positive signals keep coming in, always with the Electric F-150 Lightning Pickup protagonist, so much so that the new vehicle is sold out practically “forever”.

Also there Mustang Mach E continues to receive support and is now considered the only real rival of Tesla Model 3 And ModelY. Deliveries in 2021, which reached significant numbers for the first time, boosted Ford’s sales and the stock market response was swift.

The stock rose to over $25 a share, tying a record of the past two decades, pushing the market capitalization above $100 billion. Of course, that seems like a small thing compared to Tesla’s over $1 trillion, but analysts still see plenty of room for improvement for the Blue Oval house.

Analyst Mike Ward even stated that “Ford’s product range is the best in decades“, and from this situation, Ford could generate record levels of profitability. It is also called E-Transit (our preview here), in fact the third electric vehicle in Ford history to hit the market now, and it seems demand is already good despite the challenges of a particular market such as commercial vehicle.

All this meat on the fire means Ford will have to commit to producing something like this over the coming months 600,000 battery packs, to support this important transition to electricity. The plans are also concrete from this point of view, thanks to the alliance with SK Innovation, and programming that would make Ford the largest battery manufacturer in the United States. The Tennessee plant is expected to reach 43 GWh by 2025, and the Kentucky plant would do even better, at 86 GWh.