3 ms·
>This here. BMW makes more in profit than Tesla is earning in revenue. BMW sells 2.5 million cars a year, 25 times as many as Tesla. And both companies are valu
by peripitea 10y ago
>This here. BMW makes more in profit than Tesla is earning in revenue. BMW sells 2.5 million cars a year, 25 times as many as Tesla. And both companies are valued roughly the same? How? Totally overvalued.
Are you familiar with how companies are valued? You only seem to be factoring in present considerations. What might happen in the future is a major factor in determining these prices, especially in an industry with so much potential upheaval not too far away. (e.g. what if Tesla profits are 10x BMW's in 20 years? Then they are probably undervalued right now.) If you are confident in your assessment though, you can always put money behind it and make yourself rich.