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> Tesla isn't some start up that just IPO'd, it's one of the world's largest companies. Based on what? Employees? 70K is not even on the chart. (Top 10? 500K+
by FireBeyond 6y ago
> Tesla isn't some start up that just IPO'd, it's one of the world's largest companies.
Based on what?
Employees? 70K is not even on the chart. (Top 10? 500K+)
Revenue? $31.5B is also not even on the chart. (Top 50? $130B+)
Profit? $800M, again, not even on the chart. (Top 10? $24B).
Market cap? This is the only area where Tesla broaches the top ten, and it has nothing to do with being a "large" company.
- paxys 6y agoThe one factor that you conveniently dismiss (market cap) is usually what people look at when talking about company size.
- netrus 6y agoI don't think anyone would call Berkshire Hathaway a large company - or be surprised if it doubles it's revenue in 3 years. I think Teslas stock is somewhere in the space between VW and Berkshire Hathaway, the value is already accounting for a future, much larger company. Similar to some recent IPOs, like Coinbase.
- Kranar 6y agoDid you make a typo? You don't think Berkshire Hathaway is a large company? Also maybe you personally wouldn't be surprised if BRK didn't double revenue over three years, but people who are in the financial space would be absolutely shocked if it did so, considering the last time BRK managed to double it's revenue over a three year period was from 1988 to 1991.