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A comment on Tesla and SpaceX lose over $420B in combined market cap in the two days. Parent comment

Re:Tesla and SpaceX lose over $420B in combined market cap i... by apexalpha on Friday November 06, 2026 @02:23AM (#50389229)
The US has had protectionist measures for its car market since forever.

That's why the US car market is so 'unique' and American brands struggle in foreign markets.

[ Parent | on HN ]
Re:Tesla and SpaceX lose over $420B in combined market cap i... by gumby on Friday November 06, 2026 @03:20AM (#50389583)
Japanese cars came in in the 70s and almost killed the US market. The Big Five became the Big Three (GM, Ford, Chrysler) and learned how to make cars again.

They then squandered that and are back where they were in the 70s, or worse.

[ Parent | on HN ]