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A comment on Tesla's market cap now accounts for roughly 1/3rd of the global automaker market. Parent comment

Re:Tesla's market cap now accounts for roughly 1/3rd of the ... by DrJokepu on Sunday December 13, 2020 @08:44PM (#25412561)
That’s not really how it is though, these are very different companies with very different products. For example, Ford makes its money on trucks. An F-150 has very healthy profit margins. It’s believed that Ford’s truck business is in fact worth more than Ford as a whole [1]. The Fiesta hasn’t been sold in the US since 2019.

[1] https://www.cnbc.com/2018/03/14/fords-f-150-truck-franchise-...

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Re:Tesla's market cap now accounts for roughly 1/3rd of the ... by stickfigure on Sunday December 13, 2020 @09:08PM (#25412735)
That is likely due to the Chicken Tax: https://en.wikipedia.org/wiki/Chicken_tax

With a little sanity, luck, and changing political winds, it could disappear in an instant.

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Re:Tesla's market cap now accounts for roughly 1/3rd of the ... by colinmhayes on Sunday December 13, 2020 @10:15PM (#25413138)
Ford's truck business is so important they recategorized every single car they sell as a truck in order to utilize a fuel efficiency regulatory loophole that lets them sell more pickups. https://www.reddit.com/r/badeconomics/comments/ep4wza/corpor...
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