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Tesla produces 367,500 vehicles per year with revenue of $21.46Bn, employing circa 45,000 (2018 number). Ford produces 6,000,000 vehicles per year with revenue
by Traster 7y ago
Tesla produces 367,500 vehicles per year with revenue of $21.46Bn, employing circa 45,000 (2018 number).
Ford produces 6,000,000 vehicles per year with revenue of $160Bn and circa 200,000 employees.
Please explain to me what big means again? Most valuable maybe, but I don't think 'biggest' is a reasonable description.
- s_y_n_t_a_x 7y agoIn this instance it means peak market value. Literally the first sentence in the article.
- tom-thistime 7y agoThe headline is misleading, but they immediately follow up with a qualification that makes the headline technically not wrong. They're saying just market value of the equity. That can be very different from market value of the enterprise, which includes the market value of all financing: debt as well as equity. The metric they're using is not necessarily a meaningful way to rank the "biggest," or even "most valuable" auto making operations.