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> they are doing better than all the other car companies By which metric? Their market cap is astronomical, but they, to be frank, don't actually make a lot of
by moolcool 4y ago
> they are doing better than all the other car companies
By which metric? Their market cap is astronomical, but they, to be frank, don't actually make a lot of cars. Not to mention that virtually every product release is delayed ad nauseum, FSD from Tesla is both a pipe dream and a liability nightmare, and other manufacturers, both foreign and domestic, are rapidly catching up with appealing EVs.
- mc32 4y agoProfit per electric car[1]. They beat all competitors by a very large margin. Heh, it looks like people disagree that this is a valid metric parent was asking for or disagree that the data is valid. Oh, goodness. [1]https://www.reuters.com/business/autos-transportation/tesla-uses-its-profits-weapon-an-ev-price-war-2023-01-19/ https://www.reuters.com/business/autos-transportation/tesla-...
- andsoitis 4y agosoecifically, tesla profitability per vehicle is 8 times that of toyota (as of Nov 2022).
- moolcool 4y agoI suspect that's largely because they have massive sunk costs since they've been doing it for longer than anyone else. I sincerely don't think you can count on that lasting. Especially since some models are getting up in the years, and their shoddy build quality is becoming increasingly evident to consumers.
- brandonagr2 4y agoIn 2022 Tesla produced 1.3 million vehicles and will produce 1.8 - 2 million this year, how can you quantify that as not a lot of cars? By others rapidly catching up do you mean announcing future models instead of shipping actual EVs? No one is within an order of magnitude of making the number of EVs that Tesla does in their market segment (not counting PHEVs or micro cars in China)