Te$la worth more than every top 20auto combined!

Geek Nasty

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Teslas stock price is a scam. Anyone who thinks Tesla is worth that much is insane especially with all then lawsuits coming their way.

Teala can call themselves a crack company that doesn’t justify the stock valuation for the profits they generate annually. Someone calculated that if you scaled them to Ford on a profit per car sold scale it would be worth ~$15/share

I think most of their money comes from selling carbon credits not cars
 

Robbie3000

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It’s a meme stock. Their sales numbers are falling, margins have been cut in half and all they have is vapor ware promises. People buying stocks on the false promises of autonomous driving and humanoid robots. :mjlol:

How is Tesla market value worth more than all the automakers combined when Toyota has better revenues and earnings numbers? :heh:

It’s a joke.

Combined Net Income (YTD 2024)

Toyota: ~$15.7 billion USD (H1 2024)

Tesla: $6.76 billion USD (Q1–Q3 2024)
 

King Harlem

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Teslas stock price is a scam. Anyone who thinks Tesla is worth that much is insane especially with all then lawsuits coming their way.

Teala can call themselves a crack company that doesn’t justify the stock valuation for the profits they generate annually. Someone calculated that if you scaled them to Ford on a profit per car sold scale it would be worth ~$15/share

I think most of their money comes from selling carbon credits not cars
Yeah, they are still being value like they are tech firm and not an automobile company.
 

Geek Nasty

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Yeah, they are still being value like they are tech firm and not an automobile company.
What does that even mean though? Nothing that Tesla has said they’re going to do like FSD rentals or the Semi are even close to happening. Where is this magic non-car value coming from?
 
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