This achievement easily tops the previous record high of $76.1 billion for shares of Ford in 1999, according to data from the Center for Research in Security Prices.
The high watermark for GM stock was more recent, when it reached a market value of $67.7 billion in October 2017.
Today both of those stocks have lost a good chunk of their value. GM (GM), valued at $50.7 billion, and Ford (F), worth $36.9 billion, together are worth only about 1% more than Tesla alone.
> This achievement easily tops the previous record high of $76.1 billion for shares of Ford in 1999, according to data from the Center for Research in Security Prices.
Worth noting that Ford went on to fall from $35/share in 1999 to less than $5/share in 2009, a multi-year, grinding decline of over 80%. It did hold up pretty well during the '00 recession before imploding. The consumer is always the last to get the economic memo.
This achievement easily tops the previous record high of $76.1 billion for shares of Ford in 1999, according to data from the Center for Research in Security Prices. The high watermark for GM stock was more recent, when it reached a market value of $67.7 billion in October 2017.
Today both of those stocks have lost a good chunk of their value. GM (GM), valued at $50.7 billion, and Ford (F), worth $36.9 billion, together are worth only about 1% more than Tesla alone.