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> Where do you get Toyota's $40 B in profit? GP said gross profit, you're talking about net. > Toyota is not growing earnings at all. Toyota has still grown
by reducesuffering 4y ago
> Where do you get Toyota's $40 B in profit?
GP said gross profit, you're talking about net.
> Toyota is not growing earnings at all.
Toyota has still grown net profit: 2020 -> $18.7b ; 2021 -> $21b ; 2022 -> $25.4b
> Tesla is severely undervalued based on their forward P/E ratio
You should refrain from making individual stock picks, and buy ETF/index instead, when you're unable to distinguish the difference between gross and net profit.
https://www.investopedia.com/ask/answers/101314/what-are-differences-between-gross-profit-and-net-income.asp https://www.investopedia.com/ask/answers/101314/what-are-dif...