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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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
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