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by Jonanin 851 days ago
FWIW, Tesla's market cap is almost 10x BYD's. So the market does not necessarily agree with this assessment. One reason is that Tesla competes exceptionally well in the international luxury car market. BYD pushes a lot of metal at low margins.
1 comments

That's because Tesla's stock is overvalued. Tesla's revenue is only 60% higher than that of BYD Automotive.
It's very humorous, though not unexpected, to see a reply about revenue numbers to a post that was mainly speaking about Tesla's superior margins.
Tesla has a P/E ratio of 45, vs. 17 for BYD. A lot of Tesla's value is based on hype and expectations, not on its current business.