[twblalock]

I think they are making a wise long-term bet on automation, but their current products are behind GM's. If Ford had a viable Chevy Bolt competitor, they'd be selling it.

If you think Ford is on the right long-term track, the stock is a bargain right now. I think they are, and I hope the shareholders won't force the company back to a traditional business model to boost their short-term profits.

I'm not worried about Waymo and Uber as a threat to the traditional car companies. They may be the ones who invent self-driving technology, but they won't be the ones who produce millions of automated cars -- it will be Ford and GM who do, and they'll license the automation software if they need to. It's really hard to make cars at scale, as Tesla is now learning.