Ford shares rose 3.4%, market value topped $100 billion

Tiger Newspress2022-01-13

Ford shares rose 3.4%, market value topped $100 billion.Ford Motor Co.’s market value topped $100 billion as investors bet on the 118-year-old automaker’s prospects in the dawning

The automaker’s new market cap exceeds rival General Motors Co. and electric truck startup Rivian Automotive Inc. But it still is a far cry from Tesla Inc., which investors have valued at more than $1 trillion.

The milestone comes as Ford is doubling production of the electric F-150 Lightning pickup going on sale this spring. The Dearborn, Michigan-based company also is ratcheting up production of the battery-powered Mustang Mach-E at a factory in Mexico.

The shares have been on a tear since Jim Farley became chief executive officer 15 months ago, after falling to a 10-year low under his predecessor. Farley accelerated Ford’s shift to electric and autonomous vehicles. He has pledged that Ford will manufacture 600,000 EVs a year by 2024 with more to come from battery and assembly plants the company is building in Tennessee and Kentucky.

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Comment（45）

danieltalks
·2022-01-14
Nice
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Mindthink
·2022-01-14
Wow
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bostonxsgp
·2022-01-14
lesgo
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FlorCheah
·2022-01-14
Wow
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2
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RS142
·2022-01-14
Good
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4
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LifeLearner
·2022-01-14
up and coming
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3
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HOTBE
·2022-01-14
Fantastic, Awesome
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BlueDragon
·2022-01-14
Nice
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claratan
·2022-01-14
Wow
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3
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TK360
·2022-01-14
Nice
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xiaobaii
·2022-01-14
like & comment please
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4
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kwwh
·2022-01-14
Okay good
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Cheryi
·2022-01-14
Ok
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fysx49
·2022-01-14
Transition to EV creat lot of uncertainty butalso opportunity
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Limhockmeng
·2022-01-14
Wow
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Blinkfans
·2022-01-14
Good
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RichTee
·2022-01-14
Nice
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  2022-01-14
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AmitS
·2022-01-14
Cool
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Awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002748476","repostId":1141843117,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9002752385,"gmtCreate":1642113978170,"gmtModify":1676533681436,"author":{"id":"4087932884013320","authorId":"4087932884013320","name":"BlueDragon","avatar":"https://static.tigerbbs.com/431c326e19a16844e147d10866565f27","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4087932884013320","authorIdStr":"4087932884013320"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002752385","repostId":1141843117,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9002753729,"gmtCreate":1642113550053,"gmtModify":1676533681357,"author":{"id":"3573731928321338","authorId":"3573731928321338","name":"claratan","avatar":"https://static.tigerbbs.com/9c6bbdac9048ff2e4b740f272576e2be","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3573731928321338","authorIdStr":"3573731928321338"},"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002753729","repostId":1141843117,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9002750043,"gmtCreate":1642113148310,"gmtModify":1676533681291,"author":{"id":"3574766349354741","authorId":"3574766349354741","name":"TK360","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574766349354741","authorIdStr":"3574766349354741"},"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002750043","repostId":1141843117,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9002725290,"gmtCreate":1642112837818,"gmtModify":1676533681085,"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3571345352614779","authorIdStr":"3571345352614779"},"htmlText":"like &amp; comment please&nbsp;","listText":"like &amp; comment please&nbsp;","text":"like & comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002725290","repostId":1141843117,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9002725601,"gmtCreate":1642112835376,"gmtModify":1676533681077,"author":{"id":"3555838262565974","authorId":"3555838262565974","name":"kwwh","avatar":"https://static.tigerbbs.com/537cfa6ca69686b3f03387d7bc23d203","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3555838262565974","authorIdStr":"3555838262565974"},"htmlText":"Okay good","listText":"Okay good","text":"Okay 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