The 5 Most Valuable American Car Companies
Just because you sell the most vehicles doesn’t mean you’re number one on the street. Wall Street, that is.
A lot of factors go into valuing a company and that’s especially true for today’s American automakers, which are trying to reinvent themselves with more of a focus on tech than cars and trucks.
The U.S. has more publicly traded domestic brands than it’s had in decades and here’s a look at where the most prominent ones rank on the stock market. (Stock prices constantly fluctuate and the values shown are as they were on the day this story was posted.)
#5 LUCID
Lucid Motors only sells one luxury sedan model, and delivered less than 7,000 in 2023, but will be adding an SUV before the end of this year that could help boost its value above the $6.5 billion it stands at now.
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#4 RIVIAN
Rivian is worth a tenth of what it was when it went public in 2021 and is currently valued at $10 billion on around 50,000 total sales as it continues through the startup phase.
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#3 FORD
Ford is valued at $40 billion. It sold two million cars in the U.S. in 2023 and 4.4 million globally, which was far less than the top seller and that is reflected in the stock price.
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STELLANTIS
The new parent company of Chrysler, Dodge, Jeep and Ram known as Stellantis is registered in the Netherlands and encompasses several European brands, so it’s not a U.S. automaker, but to add some perspective we’ll let you know that it is worth $42 billion.
#2 GENERAL MOTORS
GM sold 2.6 million vehicles in the U.S. in 2023 and 6.2 million around the world, making it the largest U.S. automaker, but at $55 billion it’s not even close to the top dog on value.
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#1 TESLA
Tesla remains the gold standard in market value and is worth more than all of the other American automakers combined and then some at $775 billion, despite selling just 1.8 million vehicles around the world. Investors just can’t get enough of its promises of a future full of Tesla autonomous cars and robots, even though they keep getting delayed.
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