3 ms·
Compare Tesla's market cap to Fords. Tesla is far behind in producing cars in volume, service centers, repair parts, product development, making actual profits
by linuxftw 8y ago
Compare Tesla's market cap to Fords. Tesla is far behind in producing cars in volume, service centers, repair parts, product development, making actual profits on a sustained basis. It's lunacy.
- cptskippy 8y agoFord did after all have a 100 year head start. Is it realistic to expect a 16 year old company to have the same level of everything as a 116 year old incumbent?
- davej 8y agoPointless comparison really, you're comparing a startup (in automotive industry context) to a company established in the 1900s. Tesla's revenue growth is 40x Ford.
- linuxftw 8y agoAnyone can grow revenue quickly losing other people's money. The point I'm trying to make is TSLA is extremely overvalued, future earnings will never justify it's multiple, if the company even has future earnings at all.
- DeonPenny 8y agoBy they have a higher growth rate which is important