3 ms·
> 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
by sxp 3y ago
> 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!!
You're mixing JPY and USD. The numbers you give for Toyota need to be divided by 150 JPY/USD. So $66B revenue with $3B profit.
- demondemidi 3y agoI’m an idiot. I thought those numbers were huge. Thanks for correcting me. Wish I could delete my post now.