Once synonymous with bizarre patents, Apple has ceded the crown to Ford. The automotive giant’s latest invention involves holographic creations acting as sentinels for vehicles. Picture this: holographic watchdogs and police officers standing guard, ready to pounce on any potential threat. The concept, although inventive, provoked a tepid response from investors, culminating in a 4% drop in share value during Tuesday’s trading session.
Embarking on uncharted territory, Ford’s patent introduces the notion of “multiple integrated holographic camera modules” that generate dynamic holograms, both inside and outside a vehicle. While the likelihood of Ford bringing this prototype to market remains uncertain, the prospect of encountering a snarling holo-dog could make miscreants think twice about their nefarious intentions.
Nevertheless, a curious conundrum looms – who bears responsibility if a scared individual dashes away from a vehicle, sustains an injury, and incurs medical expenses? Additionally, if an offender eludes the virtual guard dog, how quickly could they regain composure and stage a subsequent theft attempt?
Exploring Ford’s Investment Potential
Analyzing Wall Street sentiments unveils a Moderate Buy consensus on Ford’s stocks, backed by five Buy ratings, nine Holds, and one Sell issued in the past quarter. Despite witnessing a 10.26% decline in share price over the preceding year, the forward-looking average price target of $13.75 per share forecasts a promising 33.82% potential upswing.
Discover more about Ford’s analyst ratings here.
