Ford's market value surpasses General Motors for the first time in more than five years

$Ford Motor(F.US)$ $General Motors(GM.US)$ Ford Motor (F) closed for the first time since September 2016 with a market value that surpassed that of rival General Motors (GM), with a market value of 83 billion U.S. dollars, while GM's was 82.9 billion U.S. dollars.

Ford’s stock price has been trading near its 20-year high and has more than doubled this year as the company has accelerated its push for electric vehicles.

The valuations of Ford and GM still lag behind Rivian Automotive, which went public in November at a valuation of $92.6 billion.

Mott Capital Management recently issued a bearish analysis, stating that Ford's stock "will face a massive decline as reality arrives."

Article excerpted from the US Stock Research Agency