- Sep 20, 2009
- Murray, KY
- 1948 Allis Chambers Model B 1976 265 MF / 1983 JD 310B Backhoe / 1966 Ford 3000 Diesel / 1980 3600 Diesel
Well...here's some food for thought:
Chrysler produced over 1.8 million vehicles last year (2020). Chrysler's market capitalism is about $23 billion.
Ford produced over 4.2 million vehicles also last year and has a market cap of $78 billion.
GM produced 6.8 million in 2020 and market cap of $91 billion.
Here's where it gets interesting, bearing in mind all three have been around about 100 to 120 YEARS.
Lucid Motors has produced 520 vehicles (five hundred-twenty), market cap of $86 billion which exceeds Ford!
Rivian has made 42 (forty two) trucks, hoping to produce 1,200 vehicles by the end of this year! Market Cap? $129 billion, more than Chrysler and General Motors COMBINED!
Tesla has delivered 241,300 vehicles. It's market valuation? $1.1 TRILLION!!!!! This valuation exceeds Ford, Chrysler, GM, Toyota, Nissan, BMW, Mercedes-Benz, Caterpillar, John Deere, Kubota, (add in 50 others) combined.
The ones marked for extinction.Exactly! So, which of the above is a bubble?