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Reuters
Ford crosses $100 billion in market value for the first time
Ford is now worth more than its century-old rival General Motors, whose market cap stands at about $88.61 billion and EV start-up Rivian Automotive, whose value is about $77.8 billion. But, the automakers are still dwarfed by EV leader Tesla Inc, which has a market cap of over $1 trillion. Shares of Tesla were down 4.7% on Thursday after a report said the company updated its Cybertruck model webpage to remove references to the year 2022.
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