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Debt is a good thing for Ford! The majority of their debt comes from financing the sales of their cars to fleets, dealers, or consumers. This earned them 1.7B
by hahaxdxd123 5y ago
Debt is a good thing for Ford!
The majority of their debt comes from financing the sales of their cars to fleets, dealers, or consumers. This earned them 1.7B last year.
Tesla's real advantage imo comes down to not having dealers eat into their margins.
[1] https://en.wikipedia.org/wiki/Ford_Motor_Credit_Company https://en.wikipedia.org/wiki/Ford_Motor_Credit_Company
- Kranar 5y agoYes, debt is a good thing for Ford which is why its market cap alone is not a good indicator of its value in this case. OPs entire point is that when you factor in the EV instead of the MC, Tesla still comes out looking good but within reason.
- ska 5y ago> out looking good but within reason. The actual term was "less insane" which isn't really the same thing.