I think your data is suspect here. Tesla[6] made 343,000 vehicles in the third quarter of 2022, so thinking they are only able to make 366,000 per year is incor

I think your data is suspect here. Tesla[6] made 343,000 vehicles in the third quarter of 2022, so thinking they are only able to make 366,000 per year is incorrect. Year to date, from their quarterly reports, Tesla has manufactured 908,573 vehicles so far in 2022. With the recent updates at the Shanghai Gigafactory and the spin up of the Austin Tx Gigafactory, they're on track to be able to make (if it ran at this speed a full year) two million vehicles per year. One of the ultimate "business metric" for auto manufacturers is the gross margin aka "how much profit does the company make as a percentage of the cost of the vehicle" Before Tesla, Toyota[1] generally held the crown as the highest with just under 18% over the past five years. Ford[2] averages around 14%. Tesla[3], is industry leading with an average of 20.61%. GM[4] has always sort of been a laggard with the average at 11.26%. The German manufacturers, known for their efficiency, also do very well with VW[5] at 18.75% (this includes Porsche, which significantly tips the scales upwards for Volkswagen) and Mercedes[6] at 19.66%. So Tesla makes approximately 6% more profit per vehicle sold at the low end (GM) and almost exactly 1% more than Mercedes on the higher end. Mercedes has ~173,000 employees and (per your own comment) Tesla has ~110,000 employees. So doing "less with more" is a pretty nice way to say they're more efficient, is it not? [1] https://ycharts.com/companies/TM/gross_profit_margin https://ycharts.com/companies/TM/gross_profit_margin [2] https://ycharts.com/companies/F/gross_profit_margin https://ycharts.com/companies/F/gross_profit_margin [3] https://ycharts.com/companies/TSLA/gross_profit_margin https://ycharts.com/companies/TSLA/gross_profit_margin [4] https://ycharts.com/companies/GM/gross_profit_margin https://ycharts.com/companies/GM/gross_profit_margin [5] https://ycharts.com/companies/VWAPY/gross_profit_margin https://ycharts.com/companies/VWAPY/gross_profit_margin [6] https://www.cnbc.com/2022/10/02/tesla-tsla-q3-2022-vehicle-delivery-and-production-numbers.html https://www.cnbc.com/2022/10/02/tesla-tsla-q3-2022-vehicle-d...