Ford Motor Company (F) in Dearborn, Mich., designs, manufactures, markets, and services Ford trucks, automobiles, sport utility vehicles, electric vehicles (EVs), and Lincoln luxury vehicles globally. By investing more than $30 billion in EVs through 2025, F aims to become the No. 2 electric car producer in North America over the next two years.
While the stock has gained 53.8% in price over the past year, it has retreated nearly 24.9% over the past month, closing yesterday's trading session at $18.35. Furthermore, the company faces severe competition in the burgeoning EV market, with new entrants and major players striving for market share.
