They were worth a trillion in 2021, they lost 100 billion this year. That can change at a drop of a hat. These car companies have been doing this for a long time, when they start in the ev business they will take the market from Tesla. And the technology and infrastructure will be ready or it won’t happen.
Given that it's so high margin, the highest margins in the history of the automotive industry, why haven't they taken it yet? Why can't they beat the 2014 Tesla in production or specs?
See what I mean? This was last year. It’s the same for word, Chevy, Honda, Mazda, Nissan, an ev for every situation, they will crush Tesla.
They can make as many models as they want. They just can't make many of them or sell them at a profit. Those details matter. None of those models are going to make it dent in anything. And all of them are money losers.
Cmon Bernie, seriously? That’s how capitalism works my friend. That’s why it’s the greatest system ever put in place. I’m not belittling Tesla, at all, and they’ll always be around if they’re not bought up. But these other companies will take their technology and make it cheaper to produce. That’s how it works, that’s how it’s always worked.
They actually lost 100 billion in 2021 which would make them smaller then they were in 2020.
They’re making over 200 billion in revenues compared to 27 billion for Tesla. Why would they give that up yet? Lol.
You are too ignorant to continue. Holy cow.
The answer to this question is now confirmed to be negative.
Their entire business is valued at 50B.
This line is now the winner in this thread. I have to come back to it again. It's very embarrassing. I didn't know it was possible to fail this badly
No bernie jr. I was talking about Toyota. That is the maker of the cars I showed you.
Is it not true?
Get a dictionary. Look up market capitalization.
