For the first time, Ford’s market value exceeded $ 100 billion
For the first time, Ford’s market capitalization exceeded $ 100 billion after a sharp rise in stock prices of 5.7% to a 20-year high of $ 25.87.
Ukraine , Ukraingate , 15 , January , 2022 | Economy
Details
At market value, Ford surpassed General Motors ($ 90 billion), but lags far behind the leader in the car market Tesla ($ 1.03 trillion). The rise in stock prices is due to Ford’s plans to increase production of electric vehicles, including the release of the Mustang Mach-E crossover and the electric version of the most popular F-150 pickup, which should go on sale this spring.
Source: Ukrgate
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