Tesla's Market Cap Is 23 Times Ford's
Briefly

Tesla's market cap has soared to over $1 trillion, significantly surpassing Ford's, which showcases a dramatic difference between the two in terms of investor confidence and perception.
Tesla's EV market share in the U.S. has dipped below 50% for the first time this year, raising concerns about increasing competition, particularly from Chinese manufacturers.
Ford is facing substantial challenges in the EV market, losing over $1 billion quarterly in its EV business, while its longstanding success with the F-150 leaves it overly reliant on a single vehicle.
Despite Tesla's impressive stock performance and market cap growth, its quarterly production and delivery numbers indicate that the company's financial fundamentals may not match its soaring valuation.
Read at 24/7 Wall St.
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