Quote:
Originally Posted by Slava
You don’t think it’s the third largest car company in the world having delivered a whopping 56 vehicles?
Fundamentals and this market are hilariously out of whack at this point.
|
Rivian's market cap is currently $20B higher than Volkswagon (which includes Porsche and Audi)
Rivian and Lucid are worth more than Volkswagon and Diaimler (Mercedes)
Would you rather own Mercedes, Porsche, Audi and Volkswagon, or a couple start-ups that may or may not get off the ground with their lineup of one or two vehicles that they can't deliver?
Tesla is currently worth 3 times as much as Ford, GM, Volkswagon and Daimler combined!