• Gerudo@lemm.ee
    link
    fedilink
    English
    arrow-up
    1
    ·
    14 hours ago

    Sales don’t matter to him, stock price does, and its going up.

      • Gerudo@lemm.ee
        link
        fedilink
        English
        arrow-up
        1
        ·
        2 hours ago

        Tesla is valued more than every other car company combined, but they sell a fraction of vehicles. You tell me what drives the stock price, it’s sure as shit not sales.

        • Ilovethebomb@lemm.ee
          link
          fedilink
          English
          arrow-up
          1
          ·
          2 hours ago

          No they’re not, Tesla has a market cap of 1.13 trillion, and don’t just make vehicles, BYD alone is worth 776 billion. Toyota is around 250 billion.

          They’re big, but not “half the automotive industry” big.