Tesla is not worth 10 times more than Ford, but the stock market says they are.
In 2022 Tesla took in $81B in revenue, Ford took in more than twice that at $168B.
Rivian is also seeing between 100 and 200% growth year over year for the last 4 years, and is now pulling in over $5 billion in revenue per year.
BYD moved 530k units in Q1, and unless Tesla sets a personal best (not likely) they are now the Number 2 electric vehicle maker.
The 2024 numbers for Tesla are going to suck. Musk has alienated his target demos. They’ve already discounted their range, and have just now started increasing the price.
Tesla never paid for marketing because they had a celebrity CEO. What becomes of a word-of-mouth company when the word-of-mouth becomes negative and the cool factor evaporates?
24 hours later Edit: oof, almost 100k less than expected.
Tesla is not worth 10 times more than Ford, but the stock market says they are.
In 2022 Tesla took in $81B in revenue, Ford took in more than twice that at $168B.
Rivian is also seeing between 100 and 200% growth year over year for the last 4 years, and is now pulling in over $5 billion in revenue per year.
BYD moved 530k units in Q1, and unless Tesla sets a personal best (not likely) they are now the Number 2 electric vehicle maker.
The 2024 numbers for Tesla are going to suck. Musk has alienated his target demos. They’ve already discounted their range, and have just now started increasing the price.
Tesla never paid for marketing because they had a celebrity CEO. What becomes of a word-of-mouth company when the word-of-mouth becomes negative and the cool factor evaporates?
24 hours later Edit: oof, almost 100k less than expected.