Ford (F) To Increase Production Of EVs & Tesla (TSLA) Cuts Prices Again

Ford (F) plans to double the hourly production of the Mustang Mach-E and plans to triple the F-150 production to 150K. Garrett Nelson discusses electric vehicle stocks. He talks about how CFRA has a buy rating for Ford. He then goes over the reaction to the latest Tesla (TSLA) investor day. He notes that TSLA cut prices on the U.S. Model S and Model X. Finally, he notes the differences between international versus electric vehicle stocks. Tune in to find out more about the stock market today.