Honda's Pickup Beats Tesla Cybertruck As Most American Made Truck
Portfolio Pulse from Anan Ashraf
Honda's 2025 Ridgeline AWD pickup truck is the most American-made truck, with 75% of its content sourced from the U.S. or Canada, surpassing Tesla's Cybertruck at 65%. Tesla's Model 3 Long Range is the most American vehicle overall. Sourcing components domestically is crucial for EVs to qualify for a $7,500 tax credit under the Inflation Reduction Act.
November 02, 2024 | 7:16 am
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NEUTRAL IMPACT
Tesla's Cybertruck has 65% of its content sourced from the U.S. or Canada, less than Honda's Ridgeline. However, Tesla's Model 3 Long Range is the most American vehicle, aiding its eligibility for a $7,500 tax credit.
While Tesla's Cybertruck is less American-made than Honda's Ridgeline, the Model 3 Long Range's high domestic content supports its tax credit eligibility, maintaining its competitive edge in the EV market.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Honda's 2025 Ridgeline AWD is recognized as the most American-made truck, with 75% of its content sourced from the U.S. or Canada. This could enhance its appeal to consumers seeking American-made vehicles and those eligible for tax credits.
The recognition of Honda's Ridgeline as the most American-made truck could increase its attractiveness to consumers, especially those interested in tax credits for American-made vehicles. This may positively impact Honda's sales and stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80