Earlier quoted context omitted.
Investors have valued Ford at $141B. Assets doesn't affect that statement one bit. It's a piece of evidence that investors might be wrong. It's an easy double. Buy Ford, sell of the assets, pay off the debt and pocket $110B for a cost of $42B. Since that's not happening, nor anything like it, investors don't think Ford assets are worth $250B.
Sure, the statement is correct, but misleading. An apples to apples comparison between Ford and Tesla to compare valuation means teasing out the part of Ford that actually makes cars. Lumping in the financial services arm makes no sense if intellectual honesty is the goal. And in any case, EV isn't at all the final word you're making it out to be. If Ford takes on $100bn of debt to finance $100bn of cars with zero ma…
Who said Tesla was undervalued?