VinFast: Vietnam EV maker valued at more than Ford or GM

EV startup from Vietnam with barely any sales and horror reviews is now worth more than Ford and GM

VinFast’s Nasdaq trading debut on Tuesday made Vingroup founder Pham Nhat Vuong a very wealthy man.

VinFast Worth $85 Billion After Going Public, More Than GM, Ford, VW

VinFast stock soared in its debut as a public company on Nasdaq, with its market capitalization exceeding that of GM and Ford as traders flipped VFS shares.

Vietnamese electric vehicle VinFast now valued more than Ford or GM

EV maker, which has been in losses, opened at $22 but closed above $37 each in first day of trading

Vietnamese EV maker VinFast is now worth more than Ford and GM after Nasdaq debut

Vietnamese EV maker VinFast’s shares jumped after its U.S. trading debut, vaulting its total market value past world-leading automakers such as Ford and GM.

Vietnam's VinFast Leaves Ford, GM In The Dust With Dazzling $86B Nasdaq Debut - VinFast Auto (NASDAQ:VFS), Tesla (NASDAQ:TSLA), Ford Motor (NYSE:F), General Motors (NYSE:GM)

Vietnamese electric vehicle manufacturer VinFast (NASDAQ:VFS) concluded its first day of trading on the Nasdaq with an impressive market capitalization of approximately $86 billion. What Happened: This valuation stands war higher than that of established American automotive giants like Ford Motor Co (NYSE:F) and General Motors (NYSE:GM), whose market caps hover around $48 billion and $46 billion, respectively. The noteworthy development transpir…

VinFast's $85 billion market valuation pushes it past Ford, GM

VinFast's eye-popping valuation makes the company worth more than established automakers but the surge may fizzle out  when the social media buzz subsides.