https://wccftech.com/nio-races-past-fords-market-capitalization-as-the-bullish-sentiment-hits-fever-pitch/

NIO (NYSE:NIO) has been on a tear since the pre-market session today, racking up sizable gains in the process. Now, in a manifestation of this phenomenal bull run, NIO has surpassed the market capitalization of the Ford Motor Company (NYSE:F) for the first time ever.

As of 13:30 EDT, NIO shares were trading at $26.46, corresponding to a market capitalization of $35.57 billion. At the same time, Ford shares were trading at the $7.60 price level, translating to a market cap of $30.24 billion. The chart below, sourced from Koyfin, illustrates this interesting dynamic.