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EV market capitalisations go bonkers
FT News Briefing
The White House Is Trying Something Other to Address Consumer Concerns
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The president is under a lot of political pressure here at home when it comes to consumer prices broadly. In financial markets, all the fretting and betting over what central banks will do with monetary policy seems to have spilled over from the bond markets to currency markets. The stock market value of an upstart electric truck maker rivian surpassed the market capitalization of the world's largest car maker vokes wagon. Another unproven electric car maker called lucid surpassed the market value of ford.
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highlights
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