UAW strike shows Big 3 automakers are already in the scrapyard
Message to economic sentimentalist Joe Biden: Detroit and the UAW’s business model has no future.
nypost.com
Recognizing that market cap is often insane, "...Ford and General Motors combined are worth about 10% of the nearly $800 billion valuation of Tesla, which is not currently suffering from a strike..."
"The No. 1 car factory is Tesla’s operation in California, the No. 2 car factory in the United States is Toyota’s operation in Kentucky, No. 3 is BMW’s plant in South Carolina, and No. 4 is Toyota again, operating in Princeton, Ind."
Biden's fascination with these unionized, inefficient dinosaurs is based on nothing more than the Democrats' corrupt relationship with the unions. Many companies employ multiples of the numbers of American working people than the GM, Ford, and Chrysler. When Democrats speak of "hard working Americans," what they really mean is union slugs.