You do know the difference between market valuation and profit and revenue, right? Because it doesn’t sound like it. Tesla is bigger than ALL of the major car

You do know the difference between market valuation and profit and revenue, right? Because it doesn’t sound like it. Tesla is bigger than ALL of the major car manufacturers summed if you compare market cap (# shares x share price). But let's look at reality today and not hyped up 10 year numbers: Tesla's revenue and profit is a tiny fraction just Toyota alone. Toyota's revenue last year was $10 TRILLION, with a profit of $500 B and a market cap of $289 Billion. Tesla? 25B revenue, 2.7B profit, market cap? 649 Billion, twice the size of Toyota's despite 1/100th the revenue!! That's a full on LOL. And Tesla only became profitable a few years ago after 10 years without musk and 10 years with musk (roughly, and putting aside the first year's profit due to BitCoin investments). Source data: [1] https://www.google.com/finance/quote/TM:NYSE https://www.google.com/finance/quote/TM:NYSE [2] https://www.google.com/finance/quote/TSLA:NASDAQ https://www.google.com/finance/quote/TSLA:NASDAQ Now, Musk revealed in the recent earnings call that their margins are around 7%. The real numbers paint a far dimmer picture than those of Big Casino. I'm really interested to see what the second decade of Musk Tesla looks like. Will people buy used Teslas? Will batteries last 2x as expected? Will people second-life their car batteries as home backup? Will it really cost 2/3rds the price of a Tesla for new batteries? I have a feeling Tesla will remain a small niche brand (it describes itself as a carbon offset company), and instead focus on charging stations which seems far more profitable. Familiar with the old cliche about who made money during the gold rush of 1800's California? The people making pickaxes and shovels. Infrastructure with endless rental fees is the way to go IMHO. Also, I'm a terrible investor. :)