3 ms·
Simplistic valuation is not particularly useful. Take even just 1 more factor into account, Japan's tremendous debt and multiple lost decades and inevitable nig
by incomingpain 3y ago
Simplistic valuation is not particularly useful. Take even just 1 more factor into account, Japan's tremendous debt and multiple lost decades and inevitable nightmare situation. Toyota basically doesnt exist until they built their bzx4 factor in the usa. https://www.bloomberg.com/news/articles/2023-03-27/fears-of-societal-collapse-prompt-new-push-for-babies-in-japan https://www.bloomberg.com/news/articles/2023-03-27/fears-of-...
From the public information I know about Toyota, they are about 15 years behind Tesla.
Comparatively VW is probably only about 5 years behind now. GM/Ford are about 7 years.
So is tesla more valuable? It's practically infinite money more valuable. GM could spend $100 billion to try to catch up and could not. Its not about money, it's about the people who work for them.