Hypx@lemmy.world to Enough Musk Spam@lemmy.worldEnglish · 8 months agoElon Musk’s Tesla is now a ‘growth company with no growth,’ Wells Fargo writes in scathing downgradefortune.comexternal-linkmessage-square74fedilinkarrow-up1264arrow-down14
arrow-up1260arrow-down1external-linkElon Musk’s Tesla is now a ‘growth company with no growth,’ Wells Fargo writes in scathing downgradefortune.comHypx@lemmy.world to Enough Musk Spam@lemmy.worldEnglish · 8 months agomessage-square74fedilink
minus-squareNoSpiritAnimal@lemmy.worldlinkfedilinkarrow-up23·edit-28 months agoFor anyone wondering, Teslas market cap is roughly $500 billion and Ford is ~$50 billion. There is no way Tesla is worth 10 times what Ford is. Ford’s total revenue last year was $176 billion and Tesla’s was $96 billion.
minus-squarePhoenixz@lemmy.calinkfedilinkarrow-up8·8 months agoAlso, Ford makes a butt load more models and units than Tesla. Tesla has, what, 4 models? Teslas stock price is ridiculous
minus-squareDragonTypeWyvern@literature.cafelinkfedilinkarrow-up1·8 months agoThe number of models is irrelevant, sales are what matter.
minus-squarePhoenixz@lemmy.calinkfedilinkarrow-up1·8 months agoI’d say it is. Making a new model car requires a lot of investments, setting up supply chains and what not. Ford has done a shit tonne of that AND sold factors more cars than tesla. It may not be the main point of critique, but it definitely counts
For anyone wondering, Teslas market cap is roughly $500 billion and Ford is ~$50 billion.
There is no way Tesla is worth 10 times what Ford is.
Ford’s total revenue last year was $176 billion and Tesla’s was $96 billion.
Also, Ford makes a butt load more models and units than Tesla. Tesla has, what, 4 models? Teslas stock price is ridiculous
The number of models is irrelevant, sales are what matter.
I’d say it is. Making a new model car requires a lot of investments, setting up supply chains and what not. Ford has done a shit tonne of that AND sold factors more cars than tesla. It may not be the main point of critique, but it definitely counts