Vinfast: The Greatest Underdog Story in the History of Automobiles
VinFast Auto (VFS -4.27%) was worth close to $190 billion in the summer of 2023, making it the third-most valuable carmaker in the world. Since then, VinFast stock has plummeted 94% and become a forgotten name. In today’s video, I’ll talk about the company’s current state.
*Stock prices used were from the trading day of March 15, 2024. The video was published on March 15, 2024.
Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
