4 ms·

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.