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by zaroth
1970 days ago
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> Tesla sold 0.5M vehicles last year and is having trouble scaling up. Tesla’s CAGR on number of vehicles produced from 2014 to 2020 has been 55%. > “To put this number in perspective, Microsoft first broke $3 billion in sales in fiscal year 1993, generating $3.7 billion in revenue. ...Six years later Microsoft did $19.7 billion in revenue, which was a CAGR of 32.1%.” Sustaining 55% CAGR for 6 years after hitting $3 billion is mind-numbing face-melting software monopoly level growth beyond what even M$FT achieved in its glory days. It was thought this level of compound annual growth was simply just beyond the realm of possibility in the automotive sector, let alone the EV automotive sector. |
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