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by arp242
407 days ago
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Tesla market cap is currently $959B, shipped 0.5M vehicles in 2024. Toyota is second with $244B and shipped 11M vehicles. Ford shipped 4.4M vehicles and has a market cap of $41B. If I look at [1] then Tesla is worth more than the next 12 or so combined. Nothing about this makes any sense. Maybe ten or fifteen years ago you could have made the argument based on future prospects, but that case is exceedingly hard to make today when there's tons more competition on the EV market. [1]: https://companiesmarketcap.com/automakers/largest-automakers... |
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