3 ms·

Tesla is way better positioned than Toyota in likely upcoming EV world, so capitalization is result of future expectations.

LastTrain 2y ago
Yeah yeah. Diagram that out to its conclusion for us. The future where Tesla is producing more cars than Toyota at higher margins. What year will that happen?
- riku_iki 2y ago
  > producing more cars than Toyota at higher margins Interesting that Tesla surpassed Toyota in net income in 2023 already: 15B vs 14B.
  - slaw 2y ago
    2023 was Tesla's peak, since than it is going down. Toyota grows year by year.
    - riku_iki 2y ago
      One year is not indicative. Point of interest will be around 2030-2035, when multiple countries are having aggressive deadlines for EV adaptation. So, the question is will toyota be able adapt to new reality? So far they couldn't, EV attempts failed and they just are milking decade old tech/infra/supply chains. They will need to rebuild manufacturing and support significantly, while tesla has everything in place already.
      - LastTrain 2y ago
        Sure but the point is the stock price has little to do with any of that. It’s a meme stock that is regularly pumped with utter bullshit. Just look at what happened today, the King gave it a pump - a full frontal sales pitch TBH - and the stock is up despite all of the actual bad news for the brand.
        riku_iki 2y ago
        2% is avg daily stock fluctuation..
        LastTrain 2y ago
        So you think Trumps attempt at a pump failed.
        riku_iki 2y ago
        Compared to -35% stock loss in last month yes. But Musk may get bunch of juicy government contracts (tesla, ai) from Trump eventually.
        LastTrain 2y ago
        Up 10% since then, against the grain of the market. I'd say it was a successful pump. It's good to be the king.
ManuelKiessling 2y ago
But not like this. In no current or future world is there a basis for THIS: https://www.voronoiapp.com/_next/image?url=https%3A%2F%2Fcdn.voronoiapp.com%2Fpublic%2Fimages%2Fa5563f4a-9867-478c-8541-b66c1cad266d.webp&w=1920&q=85 https://www.voronoiapp.com/_next/image?url=https%3A%2F%2Fcdn...
- riku_iki 2y ago
  You checking "units sold", revenue wise Tesla is just 2x smaller: $100B vs $200B.
skyyler 2y ago
BYD is also better positioned than Toyota for an upcoming EV world, so there has to be something else going on.
- riku_iki 2y ago
  I think BYD market capitalization would be (or already) high if not CCP risks.

LastTrain 2y ago

Yeah yeah. Diagram that out to its conclusion for us. The future where Tesla is producing more cars than Toyota at higher margins. What year will that happen?

riku_iki 2y ago
> producing more cars than Toyota at higher margins Interesting that Tesla surpassed Toyota in net income in 2023 already: 15B vs 14B.
- slaw 2y ago
  2023 was Tesla's peak, since than it is going down. Toyota grows year by year.
  - riku_iki 2y ago
    One year is not indicative. Point of interest will be around 2030-2035, when multiple countries are having aggressive deadlines for EV adaptation. So, the question is will toyota be able adapt to new reality? So far they couldn't, EV attempts failed and they just are milking decade old tech/infra/supply chains. They will need to rebuild manufacturing and support significantly, while tesla has everything in place already.
    - LastTrain 2y ago
      Sure but the point is the stock price has little to do with any of that. It’s a meme stock that is regularly pumped with utter bullshit. Just look at what happened today, the King gave it a pump - a full frontal sales pitch TBH - and the stock is up despite all of the actual bad news for the brand.
      - riku_iki 2y ago
        2% is avg daily stock fluctuation..
        LastTrain 2y ago
        So you think Trumps attempt at a pump failed.
        riku_iki 2y ago
        Compared to -35% stock loss in last month yes. But Musk may get bunch of juicy government contracts (tesla, ai) from Trump eventually.
        LastTrain 2y ago
        Up 10% since then, against the grain of the market. I'd say it was a successful pump. It's good to be the king.

ManuelKiessling 2y ago

But not like this. In no current or future world is there a basis for THIS: https://www.voronoiapp.com/_next/image?url=https%3A%2F%2Fcdn.voronoiapp.com%2Fpublic%2Fimages%2Fa5563f4a-9867-478c-8541-b66c1cad266d.webp&w=1920&q=85 https://www.voronoiapp.com/_next/image?url=https%3A%2F%2Fcdn...

riku_iki 2y ago
You checking "units sold", revenue wise Tesla is just 2x smaller: $100B vs $200B.

skyyler 2y ago

BYD is also better positioned than Toyota for an upcoming EV world, so there has to be something else going on.

riku_iki 2y ago
I think BYD market capitalization would be (or already) high if not CCP risks.