by Chris Black
The stock has priced in 75 million cars delivered per year.
They were just a bit off that number.
You can’t be valued as much as every other car company on Earth combined, unless you sell more cars than every other car company on Earth combined.
Plus Ford makes more profit off one F-150 than Tesla makes off every car they make. Considering Tesla’s profit is actually negative on the cars they make, only making it up on regulatory credits.
Only in America can a bankrupt company that has never turned a profit off their actual product, be worth $850 billion.
Tesla Fluctuates After Beating Margin, EPS Expectations But Missing On Sales t.co/fqcSYgkLXO pic.twitter.com/tpOM06aBiB
— Crypto Trader Pro 🇺🇸 (@CryptoTraderPro) October 20, 2021
Don’t let that stop TSLA from hitting $1 trillion, AAPL $3 trillion, AMZN $2 trillion, and MSFT going parabolic
Remember when they said $1 trillion corporate values were insane?