Seriously? Tesla "hasn't
Seriously? Tesla "hasn't produced a new vehicle in years." - Ever heard of the Tesla Model 6 Plaid, you know the one with the highest safety rating of any car ever tested and runs the 1/4 mile in 9.1 seconds.(Fasted mass produced car ever) Or perhaps the Cybertruck rings a bell or the best selling electric car in the world, Tesla Model 3. Here's why Ford may not be a better long term stock investment in coming years, they may not be around in coming years. Ford broke even last year whereas Tesla had record profits of $11.96 Billion, a 100% increase over the year you elected to cite in your article. Here's another reason you may have opted to use 2019 statistics as Ford's vehicle wholesales fell from almost 5.4 million units in 2019 to around 4.2 million units in 2020. Tesla's Long-term debt: $9.56 billion - Current debt: $2.13 billion - Total debt: $11.69 billion. Contrast that with Ford's Long-term debt: $103.20 billion - Current debt: $49.47 billion - Total debt: $152.67 billion. Tesla’s market cap was $631.26 billion, making it the 9th most valuable company by market cap. That number also fluctuates due to Tesla’s performance in the market. In 2020, Tesla’s market cap jumped up 783.42%, compared to its 31.82% jump in 2019. Vs. Ford’s market cap was at $55.64 billion, making it the 344th most valuable company by market cap. Ford’s 2020 gross revenues totaled just over $127 billion, which represented a decline of 22% year on year. If you're going to provide investment advice I think you owe it to your readers to give them honest complete picture advice.