Elon Musk, CEO of Tesla, went on a verbal rant and dropped an f-bomb against the coronavirus shutdown during Tesla's earnings call. Elon has continued to rail against the shutdown on twitter and had a weird tweet about Tesla stock price being too high. Ford Motors CEO Jim Hackett mused that "there is no future if we don't have an economic system that is always on" during his earning call.

So what is the future of Ford and Tesla?

Ford Motor lost $2 billion during the first quarter and warned investors that losses will widen to about $5 billion during the second quarter. Ford is trading at $4.92. This means Ford is categorized as a penny stock (a stock that trades below $5 per share.) Ford seems on track to lose $7-10 billion in 2020.

Ford is delaying it electric Lincoln SUV and the electric F-150 is also delayed.

Ford has $34 billion in liquidity after raising $8 billion.

Ford will need to stop bleeding cash before they can spend a lot of money trying to launch electric vehicles.