Once upon a time, Apple was the one to beat when it came to eccentric patents. Yet, in a strange turn of events, Ford is now occupying that throne, emerging as the trailblazer in peculiar automotive patents. How peculiar, you ask? Picture this: “holographic guard dogs and cops safeguarding your vehicle.” This outlandish concept ruffled feathers, causing shares to nosedive over 4% during Tuesday’s trading.
The patent at the heart of it all revolves around what Ford dubs as “multiple integrated holographic camera modules” that would give rise to “moveable and responsive holograms” both inside and outside an automobile. While actual implementation remains a question mark, the mere thought of being chased by a holographic dog might be deterrent enough to make even the boldest thief reassess their misdeeds.
Nevertheless, the issue of liability hovers over this novel idea like a dark cloud. Imagine if a person, scared witless by the illusion of a ferocious hound, dashes away from a vehicle only to trip and injure themselves. Would the vehicle owner then be held accountable for ensuing medical expenses? Furthermore, presuming the miscreant survives the holographic scare, how long before they shake it off and approach the next virtual guard?
Exploring Ford’s Investment Potential
Considering the standpoint of Wall Street, analysts present a Moderate Buy consensus on F stock, backed by five Buy ratings, nine Holds, and a solitary Sell documented over the past quarter. Following a 10.26% decline in share value over the last year, the average F price target stands at $13.75 per share, suggesting a promising 33.82% upswing.
Discover more F analyst ratings here