Ford Reaches Company Market Cap Record Of $100 Billion

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As the stock of Ford Motor Company (NYSE:F) increased by 4.6% to $25.59, the highest in almost 20 years, the automaker reached a market capitalization of $100 billion for the first time ever. Electric vehicle plans have been key to achieving such a milestone. Q4 2021 hedge fund letters, conferences and more Record CapAs reported by CNBC, Ford’s market cap reached a historic $100 billion on Thursday, as CEO Jim Farley’s plans to turn the legacy car manufacturer into a true e-mobility force are paying off. Vehicles such as the Mustang Mach-E crossover and the long-anticipated electric version of…

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