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“Wall street” is the one rewarding Tesla with a market cap almost an order of magnitude more than Toyota, even though Tesla’s net income is not much higher than
by lotsofpulp 2y ago
“Wall street” is the one rewarding Tesla with a market cap almost an order of magnitude more than Toyota, even though Tesla’s net income is not much higher than Toyota’s, and Toyota moves many more cars.
“Wall street” (or “the west”) is getting far more on Tesla’s long term ability to grow net income than on Toyota’s.