Ok, I’m completely confused and need help understanding. I can’t possibly understand how Ford motor company has been around for so long and has an established business model that is progressively going to change here in the next couple of years to electric vehicles. Since Rivian hit the market all kinds of questions have come to mind especially the market cap of these companies and how they’re surpassing other companies that have been around for decades.
Can someone explain to me how Ford stock is $19.00 a share at $100B market value and the most sold truck in America…Yet, Rivian sold 156 trucks to date and the stock is $124.00 ish and $120B market. This makes so sense.
Submitted November 11, 2021 at 11:59PM by DieselLovers https://ift.tt/3c6rD68
