tesla market cap compared to other car companies

Not to mention the Koreans: Kia EV6, Hyundai Ioniq 5. Could they have solved the parachute re-entry prob? Analytical cookies are used to understand how visitors interact with the website. Shares of Tesla [ TSLA] jumped by 12.7%, to $1,024.86 on Monday, which pushed the companys market capitalization to $1.01 trillion. Who does the appraisals each year? Back in January, Tesla took the crown of Most Valuable American Automaker with a market cap of $86.1 billion. Precious Metals? Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. With a record like that and considering the TAM of the transport sector its no wonder Tesla is valued more than the incumbents. and over 1Mio. As such, EVs still make a tiny fraction of overall light vehicle sales. I dont see how a launch vehicle with 30 (or whatever the current, constantly changing number is) of Raptor engines can ever be man-rated, at least without many more flawless launches than will ever be achieved considering the mass that those would place in orbit would be far more than current demand. Having long surpassed Detroits Big Three to become the most valuable car manufacturing company in the United States, Tesla made history this June by surpassing Toyota to become the most valuable automaker in the world. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaao. This is why Elon Musk was tweeting against it today. But its a round number, and well work with it. Get quick analyses with our professional research service, Toplists & Rankings: Best Employers Portal. Wait for it. on Promo for Stock Market Literacy needs streamlining, on A leading government paints a picture of classic stagflation. Musk said today that if the government comes after the billionaires money, theyll come after our money next. What happens when real estate holdings increase in value? But he does not offer (explicitly or implicitly) investment advice of any sort. However, Tesla is much more than an automaker, and its success has a lot to do with its other sustainable projects. When the page is first displayed, you may see up to two other symbols already on the comparison page. SAIC has a much lower market cap (converted to USD = $34 billion) lower than Hondas. The new F150 can act a generator for your house; thats pretty handy in hurricane prone Florida (not to mention the dealer network). Tesla has a market cap or net worth of $549.57 billion as of December 9, 2022, making it the 6th biggest public company in the US. Fedex lost huge money for years (why would anyone pay $10 for a letter to cross the country when the Post Office was doing it for 5 cents). People are buying less cars/trucks and the companies make money through the financing deals, I dont see how these stocks hold up to the growth targets in a lower vehicle sales environment, even with the EV revolution. Afterwards, seeing an overweight Capt. Teslas share value has been on a tear, making it the worlds most valuable car company in terms of market cap. If a small rural deli in New Jersey can have a market cap of $107 million, with TTM sales of $22,000 (and losing money), why cant Tesla have a $1 trillion dollar market cap? Tesla =534.69 Create and manage any number of accounts without hussle, IP bans and extra expenses. Tesla =0.69 This will be within 5 years is, Disruption areas of energy, transportation, and food are driven by 8 technolologies that combine to change the planet. Perhaps China will steal Teslas production techniques and become a nightmare low-cost competitor.. I am a EV fan and wanted to buy tesla but didnt because I expect better in quality for a $50K car. Every time Congress tinkers with the tax code we do a booming business. Its all getting to be a big joke. Second, taxing unrealized gains only against Stock, misses a material amount of a Billionaires wealth. Back to those 30 Raptors. Maybe I miss something but I CANNOT understand how it is possible that a company that declared bankruptcy 1 year ago (HERTZ) could buy 100,000 cars (which are also very expensive) from Tesla and what is the interest of a user who by renting an electric car will have to refuel every 300 miles (if they find the electricity distributor). Thanks. In this final blow-off of stealing money from savers, printing money and credit like there is no tomorrow (not a pun), Tesla is just 1 of the pack. But, the fact they actually ship cars, gives them more credibility. Tesla has a market cap or net worth of $567.83 billion as of December 8, 2022, making it the 6th biggest public company in the US. For the year total, deliveries might approach 900,000 vehicles, which would be a huge push and would require a lot of walking on water. The only worse long term investment is holding negative coupon debt to maturity. Wolf Tesla bulls would say that you are looking at the current state of affairs and that they are discounting the future sales. So we see EXACTLY what happens when Tesla gets real competition. Because GM is NOT FOR SALE for one thing! Hertz may be dead in the water, but Musk can walk on water. The margin, Electric trucks have been slowly entering the market from all the major manufacturers, and businesses are catching onto the savings and applications. The sales All these and more comprise methods of storing wealth. Another winner is selling bumper stickers I SOLD TSLA over $1000. Some analysts suggest some of the $12,000 revenue margin to further increase returns and only 15% of existing customers currently buy it due to availability. Tesla =$4.74 Tesla could build 500,000 vehicles per year at its new factory in Germany. With a market capitalization about $1 trillion dollars (in Nov 2021 but $0.8T in Feb 2022), is Tesla market cap too high? Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. as well as other partner offers and accept our, Business Insider Deutschland Vegas von Vogelstein, Sign up for Business Insider's transportation newsletter, Shifting Gears, to get more stories like this in your inbox, Visit Business Insider's homepage for more stories. The video chart is fairly stunning to watch, no matter what your stance is on Tesla/TSLA, so here it is: If you havent seen this video yet, then check it out @elonmusk pic.twitter.com/vWmXYkKXdk, Tesla Owners Mexico (@co_tesla) December 11, 2020. What is increasing though is the number of high power / fast charging power, The advent of vehicle to grid technologies will disrupt the electric car and the electricity supply in Australia. Without them, wild ideas pass unchallenged. Apparently H is thinking of giving this to Kia, if it goes at all, fearing reputational damage to main brand. $115 billion compared to the market cap of each automaker separately, not combined. Average Other 13 =4.10% [Note: Volkswagen+Toyota average =8.31%], Return on Equity These will be sealed units as per power engineering tradition. Here's how the company's plants compare to others in the car business Matthew DeBord Dec 14, Dont get me wrong, this will be good for business. Statista offers daily infographics about trending topics, covering:Economy & Finance, Politics & Society, Tech & Media, Health & Environment, Consumer, Sports and many more. There are no future fundamentals that justify TSLAs market cap. Good luck selling 20 millions vehicle at $30K+ USD a pop. I hear the Hertz Teslas will be made out of Rearden metal. I am trying to bone up on the mining industry as green energy basically replaces fossil fuel with increased mined materials to build out green infrastructure. under the Creative Commons License CC BY-ND 3.0, may be used Tesla's market cap has decreased by -46.24% in one year. we are here and we will take care of you. Apparently they had electric and pneumatic factions amongst the designers and obviously this was never resolved so the V2 has both kinds of systems doing roughly parallel things. Stunning Video Chart: Tesla [TSLA] vs. Other Auto Company Market Cap Changes (20062020) We dont often cover the day-to-day or even month-to-month stock market frenzy, Why wouldnt Tesla buy GM, close a bunch of their factories, and secure their position as one of the Big 3? Stripe Climate VS Tesla Powerwall Compare Stripe Climate VS Tesla Powerwall and see what are their differences. He owns an automobile parts franchise and is thinking about selling his business and retiring. Tenerifes Barriers To Renewable Energy Are Substantial But Not Insurmountable, Your Rechargeable Batteries Need Lithium. You can read here the Pestle analysis of Tesla in UK as well. Oct 26 (Reuters) - Tesla Inc (TSLA.O) surpassed $1 trillion in market value on Monday, overshadowing the combined value of five of its biggest rivals, Toyota Motor Corp Ill bet thats already a given. Tesla market cap compared to the largest transportation and logistics companies. Whilst the valuation is crazy, you are missing the point as to why Tesla is valued more than other car makers. With a market capitalization about $1 trillion dollars (in Nov 2021 but $0.8T in Feb 2022), is Tesla market cap too high? They cant even raise tax rates on those making more than $400k right now because of lobbying resistance. More recently, the companys finances were rescued through a secondary market stock offering at insane bubble prices. on Are $6.4 Billion in SEC penalties this year enough? Everyone is going to be selling electric vehicles. Tesla short sellers have reportedly lost more money shorting TSLA this year than the entire US airline industry lost as a result of the coronavirus pandemic. (adsbygoogle = window.adsbygoogle || []).push({}); This line, That gain of $115 billion in a single day Tesla shareholders will lose their investment. Tesla can expand 50% per year, others cannot. Nobody wants them. Billionaires dont keep billions of Cash lying around. The reason why Tesla has been able to secure such a high valuation over the past several months is that it is miles ahead of traditional carmakers in the electric vehicle industry. There is a strong perception that Tesla is more of a software company rather than a carmaker, which has contributed to the rapid expansion of the firm. Yes, Teslas global sales have soared over the years from nearly nothing to very little. Teslas total market cap = the top 10 auto makers total market cap. Market Cap 567.83B Enterprise Value 550.27B 1-Year Change -46.24% Ranking # 6 Category Mega-Cap Stock Price $ 174.04 Market Cap Chart No chart data available Capital gains, sure. For individual content and infographics in your Corporate Design, This is like setting up a car dealership for almost free. Teslas have a radiator and coolant to cool the battery packs. Its possible that in some car markets in Asia and Europe, there could be a bunch of self driving public small busses, that are much more comfortable than current busses; stuff like this and cars on demand, could greatly reduce car demand. No, its the exact opposite. In this article we will do detailed Pestle analysis of Tesla in India. The cookie is used to store the user consent for the cookies in the category "Performance". Its all part of the green movement to destroy the remainder of the US middle class. daily and featuring the latest statistics from the media, People get used to luxury and want it when they travel. Hertz out of BK bought by PE outfit that is WAY too smart to commit to buying 100K E cars without knowing how fast theyll rent. When Ford was as old as Tesla is now, Fords graphs were the reciprocal of Teslas graphs. Is there a better argument against the proposed capital gains tax that would apply only to billionaires? Energy Tesla = 1020.10 Musk is just another one of those tech company leaders with a couple of screws loose, from what I can see. So it looks like it will be an apple/Nokia moment. They probably just want to get political points by taxing billionaires and see if it will survive legal challenges. You hit on it. Just like casino tokens.. A German V2 went as high in June 44, 500K feet. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. While Teslas valuation certainly is high, bullish investors argue that the company isnt valued as a car company, but rather as a technology company that happens to build cars. Without production at Austin or Berlin. This marks the beginning of Teslas new long-range hauling vehicle finally hitting the road and entering into the shipping and hauling industry. Nobody talks about them. Im disappointed the SEC didnt deal more sternly with him at that point. It vaults far beyond real world valuation metrics. It is now selling alot of the cars made in China into the European market, which is allowing it to sell all of the product made in Fremont into the US marketplace. Well see. Unrealized gains/losses relate to ALL capital assets. It is also down 58% from its all-time closing high of $409.97 on November 4, 2021. All its US sales are now without federal incentives. Its a wildly over valued company, no question. Tesla is having a terrible week.In the last five trading days, the companys stock lost nearly 20% of their value and for good reason. Did they really make such a ridiculous forecast? Does anyone see the irony that the Fed has pumped up stocks so high that Congress is going to start taxing billionaires stocks before they are sold? Oct 26 (Reuters) - Tesla Inc (TSLA.O) surpassed $1 trillion in market value on Monday, overshadowing the combined value of five of its biggest rivals, Toyota Motor Corp (7203.T), Volkswagen AG (VOWG_p.DE), Daimler AG (DAIGn.DE), Ford Motor Co (F.N) and General Motors (GM.N). Interestingly whether intentional or by chance Tesla is being added to the S&P 500 on the shortest day of the year. I would not short until that bill is either passed and we for sure know the details, the bill fails, or the fed raises rates. That is an unbelievable statistic to me. Transition will be, There are more charging stations than gas stations in some countries. We dont often cover the day-to-day or even month-to-month stock market frenzy, but there is no doubt that growth in Tesla [NASDAQ: TSLA] market cap has been a stunning thing to witness in recent years, and especially in the past year. Republican Party will be one of the beneficiaries. New, Insights into the worlds most important health markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development. Do Electric Vehicles Actually Cut Utility Costs? BYD is kind of a conglomerate. The cookie is used to store the user consent for the cookies in the category "Analytics". See our, might sell $4.2 billion of low-margin rental cars to Hertz through 2022, Tesla Rental Deal is Propaganda Coup for Hertzs Selling Shareholders & for Tesla. With a market cap of $2.29 trillion, Apple is worth roughly 8 times its revenue for the trailing twelve months. He uses typical fear tactics to attack a rational policy. The only reason Tesla looks in good shape is that they are having success in China, or so it appears, which could change on a dime. All Musk needs to do is increase earnings 10 fold and its 33 times. Deep Geothermal One Renewable Energy Source To Rule Them All? It is 50% more profitable than GM, even though it currently sells just 1/6th of the vehicles. These gains are realized in an economic sense because they can convert to cash at any moment. So Tesla is worth almost 90% of that bunch as well. Recycling of laptop batteries has been done for years. Thats not immaterial. Lots of folks want to try out a Tesla but Tesla has no showrooms. If youre new to the topic, Tesla has routinely been the most shorted stock no a US stock market in the past few several years. Musk and the people responsible to get him to where he is at now consistently reminds time and time again why I really want to unplug from this F up version of The Matrixor perhaps this is the best version we can hope for.. phoenix ikki, you just talk once in awhile. Data is taken from annual reports and Yahoo.com, and other data sources. You will end up with realized losses to amend past return and push forward toward future returns. These symbols are found in the same sector, and have the two largest market caps in that sector. I have no clue. Its fun to read the drawings for the V2. The Occasional NorEaster-induced Power Outage will have Suburban/Ex-Urban Residents think nothing much as they are on NatGas, Heating Oil, and or kick in their Stove/Fireplaces while driving errands around in their ICE+(P)HEVs. on two sectors: "Media and Technology", updated China will have a hard time justifying expansion of Tesla within China, given that Tesla furthers the interests of the worlds richest man. Wolf may want to rephrase it slightly. What about privately held companies? Click on the beer and iced-tea mug to find out how: Would you like to be notified via email when WOLF STREET publishes a new article? Does Statista also create infographics in a customized design? Leading technology of electric drive including manufacturing technologies such as manufacture, software management provides a low cost model others are trying to do but with their extended supply and OEM chain will require billions of investment. on SEC enforcement chief applauds their billions in fines, but to what end? Time will tell how this plays out. All that said, his efforts are far better than the horrendous waste of $23 BILLION thus far for development and years behind schedule Space Launch System (SLS), better called the Senate Launch System since it is nothing more than a Space Shuttle jobs continuation program. Most EVs do have some liquid cooling circuits for the battery and maybe the electric motor. Sure, nobody wants more taxes, but its plain unacceptable to let billionaires accumulate hundreds of billions of wealth and avoid paying tax on it. WTH you talking about? Tesla is an electric car, battery storage, tunnel borer, and rocket developer all rolled into one. Tesla =216.54 Tesla added another $50 Billion just this morning. These vehicles are their manufacturers very first try at a from-the-ground EV vehicles and they actually compare very favorably with the Model Y. Not buying that level of profit is baked into these cars. This forces liquidation which simultaneously changes the taxable value. Unless you believe they will get to real full self driving which I don't think is likely. Who are the major car manufacturers globally, and what disruption will be coming with electric vehicles. Tesla has supply chain control unlike some other manufacturers.. The combined market cap of Tesla and newly listed startup Rivian are now roughly $1.1 trillion, which should be a huge wakeup call for Ford and General Motors, who now find themselves far behind in the electric vehicle race after spending most of the time on the sidelines as Tesla rose to prominence in the auto industry. Steve, you are arguing against a proposal that doesnt exist. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. Because the rental facility will charge you a $10 recharge fee and then use their own level 3 charger to fully charge it for < $5. The rest will be mainly stagnant and possibly shrinking slowly; suppressing their stock market price with disappointing news. The real question from a marketing perspective, who is the better dancer, Elon Musk, or Greta Thunberg? Or two trillion? The saying goesDont test drive a Tesla unless you are prepared to buy it. This might not seem a huge amount these days, when trillions are flying by left and right, but its still a huge amount. The value to Australia for coal exports is less than the cost to import petrol and diesel. Market Capitalization measures the total value of a company based on their stock price multiplied by the shares outstanding. Daimler Or simply make the Capital Gains take effective ONLY for newly issued Stock purchase and not purchases in the secondary markets. Economies of Scale made Henry Ford, and despite all the government subsidies Musk has taken to get started down the runway, Tesla may well become very profitable. I could imagine this working well at start, the question is whether it stays a good idea. Nicko2- Volvo Inflation & Devaluation It's a bubble. Maybe Im crazy. However, Tesla cannot possibly compare on a conventional valuation basis. Asset vales are not real as they can not be converted into real future consumption because they are too darn high. Tesla posted losses of $1.1 billion in the first half of 2019, but since then, the company has turned the situation around in dramatic fashion. Feel free to contact us anytime using our contact form or visit our FAQ page. Average Joe taxpayer is paying ridiculous subsidies to the worlds richest man and people that buy his expensive automobiles. You could argue that a Tesla car is more expensive than one from Volkswagen or Toyota. Of public personalities of this era, I see parallels with Trump: a vast field of breathless fans, most of all, keeps the machine aloft. Aspects of Musk are good, but many are bad. If you look at hertz and Tesla they have one thing in common, their return on capital has been less than their cost of capital for at least 12 straight years. sports and entertainment. But Rental Fleets Are Low-Quality Sales Automakers Dont Tout, House Construction Costs Spike Most since 1979 amid Materials Shortages. Just at an enterprise level, In my well to do area of South Florida, Teslas are literally a dime a dozen. Market Cap ($ Billion) Tesla will have overall mainly good news for years to come (because its growing). the good old days NOT. Has Elon heard of a concept called Paying a Dividend? And the market is listening to a dying company, as long as what they want to hear. But Tesla is special, CEO Elon Musk walks on water, and nothing and no one can touch them, especially not regulators, who get routinely brushed off. Musk has had some ideas which were fairly easily proved by analysis to be bad ones that got so much attention because of Tesla and SpaceX. Fundamental to all taxation is you tax realized gains/losses because the Cash is typically available to pay the tax. So Teslas one day jump was just under a quarter of that, not more than all of it combined. The Statista "Chart of the Day", made available 3 Disruptions 8 Technologies by Tony Seba, V2G Will Disrupt Electricity As We Know It. They will still require tires, wheel alignments, suspension parts, window regulators, switchgear, etc., etc.. Our Standards: The Thomson Reuters Trust Principles. A risk I didnt mention which is a necessary part of his system: placing SO MUCH expensive launch and recovery related infrastructure within range of a catastrophic launch failure with kilotons of TNT explosive yield. Tesla =$24.34 Here is a list of EV (electric vehicle) and ICE (internal combustion engine) automakers in the world and their market cap as of last close. Teslas havent qualified for federal incentives for a while. The company's flagship Model 3 You should be comparing Tesla to Netscape which did well until Microsoft took over the browser market but then Google ate their lunch (Firefox and Safari 1/20 share each). The ritual of the oil change is part of mechanical engineering tradition. Tesla's market cap has decreased by -48.81% in one year. @Sailorgirl: Do you hear anything about the real-world range in your area? Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Health Market Outlook So no, you will not be responsible for disposing of the battery. The political environment in India is very stable, and there is a strong investment climate. Self driving cars could also lead to a reduction in demand for cars. 333 times earnings profitable? low margin fleet sales? your wife breaks down in her car, 1973, lonely country road, no cell phones, no service. I do think ICE cars will be mostly phased out, and that the current supply chains the current ICE car makers have, wont be nearly as valuable as most people think. Outside of COVID crazy times, EVs without incentives are still way more expensive out the door than ICE vehicles. You also have the option to opt-out of these cookies. Teslas stock has fallen just over 50% this year, closing at $174.04 on Wednesday. He acts like an eternal 14-year-old visionary with easy disregard for many aspects of reality. That gain of $115 billion in a single day was larger than the market cap of every automaker, except the three most valuable of them: Toyota, Volkswagen, and BYD. They will charge a premium and people will line up. He wasnt taken seriously by the incumbents yet spacex has become the foremost space company leaving countries like Russia behind. Prices Spike as Lower End Dies . His motors and batteries are best. (body styles are now old) I have always felt that because of simplicity and synergies of design that Tesla would be valued higher as a software company and a seller of their high tech skate and battery platform. Tesla =4.24% The sad thing is that its a positive feedback loop: because people think Tesla is different, it has access to cheaper capital, and can eventually outspend other players, regardless of what they do. Bill Cara is a devoted free markets patriot. Nobody is excited about them. Tesla has locked in massive battery production with the Mega Factory which broke ground last month in California. A new battery pack after 300k miles seems like a fair bargain. Are $6.4 Billion in SEC penalties this year enough? Tesla has reached a ridiculous market valuation that is more than +10% greater than the market valuation of all other auto manufacturers combined. non-commercial websites. But Rental Fleets Are Low-Quality Sales Automakers Dont Tout. What Federal Reserve bank creates in a month, Tesla created in a day. He came close during his last words in the final scene of one the most outstanding episodes, City on the Edge of Forever where he actually said something one didnt hear on 60s TV, the word hell when he said, Lets get the Hell out of here.. Apple is not intending to build a car. Owner-founder of Greenfield Capital Inc and Investment Advisor Representative at Aragon Capital, LLC. If the Jetsons, Captain Kirk, or Dr Who owned a company, it would be Tesla. The European and Asian car makers, could be seen as hugely overvalued for this reason. Other than the daily churning of shares, is there a buyer for all of Tesla at $1 Trillion valuation? They will soon have to compete with Volvo, who plans on entering the electric car space by 2019.The company faced a battery shortage last quarter, which put a damper on their plans to increase car deliveries. In 2014 Musk targeted 500,000 sales in 2020. So now what? With its own insurance business that is based on individual driving performance, Tesla has a new business that can reduce risks and increase gross margin for no marketing costs. Someone is going to take it from you and make money with it. Elon can create a Spac and buy Tesla for 2 trillion. Tesla is the most valuable automaker by far. I wouldnt say that there are far ahead. Phones that fit in your pocket with big screens and internet access were new, electric cars are not. Please note that the code must be integrated into the HTML code (not only the text) for WordPress pages and other CMS sites. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Tesla delivered its first batch of Semis to its commercial customer PepsiCo, and beyond being a big deal for the automaker, it represents major Tesla will stop producing the Model Y at its factory in Shanghai in the last week of December according to an internal memo seen Teslas electric vehicles are now available throughout many world auto markets, but where can you buy Model Y SUV for the cheapest price? Elon is mulling over a dividend payable in bitcoins. Its a mark to market tax, and it applies only to public investments with established market values. This makes it an attractive market for Tesla. I have a brother who is pretty intimidated by the increase in EVs on the street. Here is what you are not taking into account. But like so many other stories where reality hops in a cartoon space ship and takes off, I think I know how this ends. Time passes. Then it went to 600. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Its an accounting number. Average Other 13=21.54 [Note: Volkswagen+Toyota +Daimler+BMW average =7.04], Forward P/E Ratio I remember when Tesla PE ratio was 1000. Simply copy the HTML code that is shown for the relevant statistic in order to integrate it. BMW Of course not, you just sell it for more than you paid for it in 10 years, because depreciating assets have been changed into appreciating assets care of Weimar Boy Powell and his cabal of economic terrorists. Average Other 13 = 5.29 [Note: Toyota, Daimler/Mercedes, and BMW average 4.41], Book Value/share Pick up grandpa at the airport. They can stack them and use them until they cannot hold a charge anymore, and then they get recycled. Tesla scored a 67.4 brand intimacy rating, closing following Disneys score of 68.1. Old car manufacturers are priced on day to day facts. Power electronic systems are a couple of exponents more durable than the equivalent mechanical assemblies. Xpeng only sells 10K, but it is in massive factory expansion mode. Toyota valued at around PE of 10 and price to sales around 1. I can see if EVs are adopted in a big way, repair facilities need would go down big time. When Will the Waves of Layoffs Loosen this Crazy Labor Market? That is exactly what I thought. Brick & Mortar Its basically what you get when money printers remove a hurdle rate from projects and steal Grandmas savings. There are a lot of improvements to make, including bringing the company into the digital age, but they are willing and open to change! Right on! Autopilot that you can rely on changes the driving experience entirely. Total Other 13 =1476.6, Price / Sales Cars. The But Rental Fleets Are Low-Quality Sales Automakers Dont Tout, Tesla Rental Deal is Propaganda Coup for Hertzs Selling Shareholders & for Tesla. Now they are forecasting 20 million in 2030. 70%, 80%, 99.9%, 100% Renewables Study Central, Clean tech and sustainability market research, Climate Change Solutions: Why 1.5C Is So Important, Electric Vehicle Sales Charts, Graphs, & Stats, Engage Global Competition: Technology for a Sustainable Future. This is of course the chip shortage doesnt cut into their production further. Im not sure how that shows weak demand? When taxing wealth, the cash doesnt necessarily exist to pay the tax. Advertise with CleanTechnica to get your company in front of millions of monthly readers. BUT. Elon will still be left with billions to pursue his evil agenda. The listing of assets is what they really fear, they will be hiding something dodgy, like the UK government officials bribes account, and suddenly this will become tax evasion! But when you look at markets like China and Europe, which have alot more competition in the BEV market, you see that Tesla market share is collapsing. Sign up here. read more. etc.? See: Steve Case, Marc Andreesen, Jerry Yang- all smart people in the right place at the right time. 100% Electric Vehicles = 11% Of New Vehicle Sales Globally! (This was when Tesla had produced a few thousand) ms y thought it impossible yet they achieved it. That rules out the best options. Bobber, you are thinking too myopically about wealth. Its a mad mad mad mad XXXL ClownWorld, courtesy of the Fed and Uncle Sam. 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