can you tell me who is going to win in the scaling up game? a company that has been mass producing cars since the dawn of the 19th century, or those that are just starting to scale up.
Ford is an established 100+ year old auto maker and is $20.25 per share. Rivian is a 1 year old upstart and is $97 per share. The stock price doesn't make any sense.
I see this F stock to hit in 2022 a price target between the area of $27 to $30 , This is a new era for an old era automaker that's been doing it a very long time !
There is certainly more good news on the way for Ford. I'm predicting Ford will achieve a market cap of
$100B to $120B next year. That would equate to a share price of $25 to $30.
Is it really that good? Rivian has been working to fulfill a contract to produce 100,000 electric vehicle delivery vans for Amazon through 2024. Amazon ordered ZERO Ford EVs
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