Ford and GM Are Dropping Because Next Year Looks Doubtful. Tesla Stock Is Down, Too.

 Ford and GM Are Dropping Because Next Year Looks Doubtful. Tesla Stock Is Down, Too.

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https://www.barrons.com/articles/stock-ford-gm-tesla-outlook-51639508218


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The outlook for the auto industry for 2022 is looking iffy, according to Daiwa analyst Jairam Nathan.

He downgraded shares of both Ford Motor and General Motors, sending those shares lower. Tesla shares fell as well, partly because CEO Elon Musk continues to sell stock, but also because the issues Nathan cited aren’t specific to the big Detroit car companies.

In…


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