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  • The Tesla of Farming? Should You Buy John Deere Stock Now?

    06/28/2021 5:30:46 AM PDT · by SunkenCiv · 36 replies
    The Motley Fool ^ | June 24, 2021 | Mr. FIRED Up Wealth
    Believe it or not, Deere & Company (NYSE:DE) currently employs more software engineers than mechanical engineers. How is this possible? The farming industry is experiencing significant disruption. Innovative technology is enabling what is called "precision agriculture" to come to fruition. Farmers are able to leverage technology to monitor their crops in ways that were once unfathomable. John Deere's next-generation machines use artificial intelligence (AI) to exponentially increase efficiencies, enabling farmers to reap increased crop yields with less work and lower costs.Deere does not manufacture electric vehicles like Tesla (NASDAQ:TSLA), but you may be surprised to hear it is working on...