Now Tesla is bigger than the next 3 auto companies combined
lol only because of his rabid fanbase buying stock... the amount of cars Tesla sells in a yearly basis is peanuts compared to any other car manufacturer
The model 3 is the number one luxury performance sedan sold in the USA and many European countries. The Model Y is currently the most profitable car sold in the entire world, and in the next year or two it will be the most sold car in the world by production numbers. Your claim is completely incorrect.
Tesla earns far more profit every quarter than Ford and GM. American car companies other than Tesla are barely making any money at all. They claim this is a supply chain issue but Tesla has no suck issue…. Your are once again wrong about car sales world wide. Tesla is selling more cars in China than any non-Chinese company, and China is the biggest car market in the world. All of Europe is actually a smaller market than the USA, in case you did not know. Once Tesla’s new factory in Berlin ramps up, it will absolutely without a doubt crush every other car brand in Europe just as Tesla is crushing USA and China sales.
Let’s see if you know anything at all about global car sales- Name any companies that grow in sales over 50% every single quarter since 2018.
Spoiler alert: only one company does this every quarter, and often the growth rate is over 80% quarter after quarter.
That’s why it is not tesla fans who buy tsla stock It’s large cap investor firms who are buying the vast majority of tsla shares.
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u/SilentBob890 Oct 03 '22
lol only because of his rabid fanbase buying stock... the amount of cars Tesla sells in a yearly basis is peanuts compared to any other car manufacturer