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Revenue doubled year over year. Anything else that stands out? Are there other examples of big tech companies that doubled their revenue over the last year?
by TekMol 5y ago
Revenue doubled year over year.
Anything else that stands out?
Are there other examples of big tech companies that doubled their revenue over the last year?
- brianwawok 5y agoRegulatory credits down. Critics have continued to say Tesla loses money if not for regulatory credits, so seeing those shrink while still growing is strong.
- nixass 5y agoTesla is big tech company? What tech company are you comparing Tesla against? People, get some perspective. It's easy to grow from 0.5 to 1 (wow, double) than from 500 to 1000
- new_realist 5y agoComparing revenue to a prior quarter when their factory was shutdown due to a pandemic is a little disingenuous. Look at “same store” sales (same market, like China or Europe) over time for the real growth story.
- rcMgD2BwE72F 5y agoTheir market share in China keeps increasing. Europe market shares are stagnating because they don't have local production capacity (Berlin plant is coming online later this year). They had to export MIC cars to Europe only to maintain some sales. US demand is off the charts and it makes no sense to sell US cars in Europe if the US market wants them now (especially as the US market is extremely tight). You can use sales as an indicator of success if they are still production constrained. Read the report, it's well explained.