$tsla shareholders take such a myopic view when they celebrate and tout the companies performance. Let’s compare to Toyota.
Tsla $1T market cap and just over 1 million cars sold. Hoping for another 50% increase next year. Wow!…so what…
Toyota sells 10mln+ cars per annum
Tsla $1T market cap and just over 1 million cars sold. Hoping for another 50% increase next year. Wow!…so what…
Toyota sells 10mln+ cars per annum
Toyota - The Alternative Powered Vehicles (APVs) category notes a new record with 134,160 in the Q3 (up 69% year-over-year), which stands for almost 28% of the total volume. Year-to-date it is 407,283 (up 123%).
Toyota has committed to spending $70b to ramp up EV sales to 3.5mm to annum level by 2030.
‘Toyota's announcement comes as traditional automobile firms increasingly take on Tesla Inc’
‘Tesla's market value reached over $1 trillion in October, surpassing the combined value of Toyota, VW, Daimler AG (DAIGn.DE), Ford Motor (F.N) and General Motors Co (GM.N)
‘Tesla's market value reached over $1 trillion in October, surpassing the combined value of Toyota, VW, Daimler AG (DAIGn.DE), Ford Motor (F.N) and General Motors Co (GM.N)
Huge competition is building an $tsla is priced way above its ability to deliver earnings and a real return for its shareholders.
Quality control is also going to increasingly become a problem for $tsla. All automakers have historically had to evolve to deal with quality issues
Quality control is also going to increasingly become a problem for $tsla. All automakers have historically had to evolve to deal with quality issues
As the fleet of $TSLA vehicles grows in operation so will the costs of recalls and lawsuits. This next few years will be very hard on growth stocks as they are priced beyond rational levels. Well beyond ‘perfection’.. they simply won’t be able to deliver value justifying earnings
• • •
Missing some Tweet in this thread? You can try to
force a refresh
