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Toyota makes ~9 million cars every year.
Tesla just made its millionth car ever.
Toyota market cap 201B.
Tesla market cap 112B (was ~170B at peak).
The stock market still has very far to fall before it comes back to reality again.
It is intriguing to see what these companies do to deal with disrupted supply chains!
Tesla should now focus on a mass market electric vehicle to take the climate crisis- something like a closed two-wheeler with broad tyres. Good for traffic and temperature controlled too. Chinese people would buy it in droves.
Two-wheeled Chinese vehicles is a market that's already cornered by cost-effective incumbent Chinese manufacturers. What exactly would this American luxury brand have in that market?
https://www.statista.com/statistics/267272/worldwide-vehicle... Toyota makes ~9 million cars every year. Tesla just made its millionth car ever. Toyota market cap 201B. Tesla market cap 112B (was ~170B at peak). The stock market still has very far to fall before it comes back to reality again.
Elon Musk is another one of those progressive tech people that the rest of society has stopped caring about because they realized that we weren't progressing to anywhere good, and that technology doesn't solve anything. None of them are leaders to anyone other than a small group of naive 20 somethings.
Will Covid-19 affect its production rate going forward? It is intriguing to see what these companies do to deal with disrupted supply chains!
http://www.xinhuanet.com/2020-02/10/c_1125555728.htm
However I do think the supply chain will need more time to recover.
And consumer market wise it's quite uncertain. People are locked in doors with limited travelling needs, and oil prices are historically low.
Tesla should now focus on a mass market electric vehicle to take the climate crisis- something like a closed two-wheeler with broad tyres. Good for traffic and temperature controlled too. Chinese people would buy it in droves.
https://www.statista.com/statistics/267272/worldwide-vehicle... Toyota makes ~9 million cars every year. Tesla just made its millionth car ever. Toyota market cap 201B. Tesla market cap 112B (was ~170B at peak). The stock market still has very far to fall before it comes back to reality again.
Also, Toyota started making cars in 1933 (licensed GM models), Tesla, in 2012 (an all-new class of cars).
Also... please don't come at me with what they accomplished, it's well documented. Simply assess them on the promise on where we'd be today according to them. Not even close.
And this charlatan had words for Bill Gates... hahahhaha