Interview with Mary Barra

[70 copo]

History is instructive: In economics we studied the "Dutch Tulip Bulb Market Bubble" and its associated mania.

Lets all believe that Rivian,- with one single factory in one location, with a yet unproven product that just started selling vehicles is worth more then the entire valuation of Ford?

Exactly what we were told in school to keep a sharp eye out for... but I need to wonder perhaps to have a market cap today you do not have to have a tangible asset inventory or an established market segment?

If not then that gentlemen is the very definition of a "rigged game" where the whales select a technology and a company and bets on it simply because the political class and the FED shapes the market artificially through "green spending" and in the case of Rivian - Amazon promises of future purchases.

HINT-HINT... the US ARMY is reportedly looking at the NEW GM HUMMER EV for a big buy to replace the existing HUMVEE.