Better EV Stock: Ford vs. Tesla

The electric vehicle (EV) industry holds a lot of promise, but it's also facing significant headwinds. Rising materials costs because of tariffs, an uncertain economy, and lackluster consumer demand are making it harder for EVs to be successful.

But during this time of transition, it's not a bad idea to consider which companies are leaders in the EV space and how their current dominance could boost their stock in the coming years, after market conditions improve.

That's why it's worth assessing the positions of Ford (NYSE: F) and Tesla (NASDAQ: TSLA) right now. Both are automotive powerhouses in their own right, but which is the better long-term EV stock? Let's have a look.

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Source Fool.com