Tesla is now worth $115 billion more than Ford after the legacy automaker's slashed profit forecast tanks its stock (F)

Business Insider


· *Ford shares tanked as much as 8.5% in early Wednesday trading, setting the automaker's market cap to less than one-fourth of Tesla's soaring valuation.*
· *Ford announced quarterly earnings on Tuesday afternoon that fell below analyst estimates. The company also lowered its 2020 profit forecast.*
· *The legacy automaker...

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