The ‘Big Two’ U.S. Automakers are Now Tesla & Rivian, With a Combined Market Cap of $1.1 Trillion

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The ‘Big Two’ U.S. Automakers are Now Tesla & Rivian, With a Combined Market Cap of $1.1 Trillion
The combined market cap of Tesla and newly listed startup Rivian are now roughly $1.1 trillion, which should be a huge wakeup call for Ford and General Motors, who now find themselves far behind in the electric vehicle race after spending most of the time on the sidelines as Tesla rose to prominence in the auto industry.

The ‘Big Two’ U.S. Automakers are Now Tesla & Rivian, With a Combined Market Cap of $1.1 Trillion

2021-11-12 11:03

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