However, what's particularly notable about this performance is the fact that Carvana's market cap now stands at a whopping $87 billion - more than Ford at $52 billion, and even General Motors at $71 billion.
Tuesday, December 09, 2025
Since 2022, when Carvana stock sunk to record lows, the company's stock has surged 8,000 percent and nearly doubled throughout the course of 2025
That performance has resulted in the used vehicle seller being added to the benchmark S&P 500 index, a move that will take place later this month, and it marks a dramatic turnaround for Carvana, in general.
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How can that be? A used car company worth more than a manufacturer? I guess I should get with the changes in this new world of ours.
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