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>Tesla owns VW now. One is a company that make less money selling cars than trading bitcoins and emission certificates. The other is selling more cars than any
by Dah00n 5y ago
>Tesla owns VW now.
One is a company that make less money selling cars than trading bitcoins and emission certificates. The other is selling more cars than anyone else. It's less than 500.000 cars a year versus 2.8 million cars with just one brand from the VW group (out of 12).
Edit: According to VW's news site "Volkswagen delivered around 5.3 million vehicles in 2020". That does not include vans or trucks.
Tesla likely won't survive as a car company when other car makers stop needing their emissions certificates. Tesla would be deep in the red today if it didn't live off other income than cars. Look at their official numbers if in doubt. In 2025 Tesla will likely be an investment firm selling some cars.
- imtringued 5y ago>The other is selling more cars than anyone else. It's less than 500.000 cars a year versus 2.8 million cars with just one brand from the VW group (out of 12). Plus 231600 EVs sold in 2020 across all brands. It's no longer a battle between an EV company vs an ICE company. It's a battle between an EV company vs an ICE+EV company where the EV portion alone is half the size of the first EV company. https://www.motorauthority.com/news/1130931_vw-group-sold-almost-half-as-many-evs-as-tesla-in-2020-and-it-s-just-getting-warmed-up https://www.motorauthority.com/news/1130931_vw-group-sold-al...