I don't see how the market can value Rivian as the fifth most valuable car company IN THE WORLD - behind Tesla, Toyota, VW and BYD. Ford ships 900K F-150's ann

I don't see how the market can value Rivian as the fifth most valuable car company IN THE WORLD - behind Tesla, Toyota, VW and BYD. Ford ships 900K F-150's annually and their market cap is ~ $80 billion.... HW doesn't scale like SW yet the market seems to think (hope?) otherwise....