In its first quarterly earnings call since becoming a blue-chip stock on the benchmark S&P 500 index, Tesla (NASDAQ:TSLA) disappointed and missed Wall Street estimates nearly across the board.

Both of these historic automotive countries have some growth in them, as they try to play catch up in the electric vehicle sector.

While any excitement over their future lineup of new vehicles has clearly dissipated, it is hard to see Ford as a viable challenger in the ultra-competitive electric vehicle market moving forward.

Ford reports Better-Than-Anticipated Q2 Operating Results as company manages Coronavirus.

Ford’s stock price may look enticing to bargain bin investors but it remains unclear how the markets will react.