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0 pointsexitb2y ago0 comments

Their valuation is three times larger than Toyota, yet they manufacture only 10% as much cars a year. It’s still deeply rooted in hopes of future expansion and innovations, lack of which they might not survive.

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FredPret2y ago

You’re right that they have a juicy valuation.

But it’s about number of dollars made, not cars.

And on that metric Tesla is on par with GM and ahead of Ford. I don’t know about Toyota.

https://valustox.com/F

https://valustox.com/GM

https://valustox.com/TSLA

peterfirefly2y ago

They sold about 1/8 the cars Toyota did in 2022 but they also made about 8x the profit per car. And Toyota has a huge debt load whereas Tesla had money in the bank + was growing + FSD will Soon™ be here (and if/when it does, Tesla's profits will explode) + there's the energy business + there will probably be something like AWS for AI in a year or three.

brtkdotse2y ago

You forgot the dancing robot.

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