Auto Company Market Caps

[dps]

Saw this in my feed today and thought this community might be interested in it. Almost impossible to rationalize the one outlier...

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[Avispa]

Government subsidies. Otherwise Tesla goes nowhere.

 

[Smunczen]

Government subsidies. Otherwise Tesla goes nowhere.

And those will not be going away anytime soon.

 

[Mr. Met]

I am not a Tesla fan, I have never owned one and probably never will. But that is simply not accurate. The other automakers have gotten much more in subsidies.

Tesla subsidy: 2.44 billion, loan/bailout: .466 billion
Ford subsidy: 4.33 billion, loan/bailout: 33.4 billion
Chrysler subsidy: 2.60 billion, loan/bailout: 17.6 billion
GM subsidy: 6.88 billion, loan/bailout: 50.3 billion

Also, this data only goes back 20 years.

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