Originally Posted by Houston_2
Originally Posted by JakeBlues
Originally Posted by Rock Chuck
I don't know what market capitalization means or how it's calculated.
If you sold all available shares at today's price, how much money is that.

Tesla's market cap is 1,500% that of GM and GM sells 700% more vehicles than Tesla.

That’s quite a perspective in differences of productivity.

The Big 3 have sometimes in the past been described as mere Social Institutions that happens to sell vehicles as a sideline.

The "Big 3":

*Aren't: The top three automakers in the world are VW, Toyota and Renault, in that order.
*Their production is consistently shrinking year over year. (Tesla is growing at a consistent rate of about 50% per year for the last five years, and will be larger than Stellantis in about a year and a half).

Unless something very unusual happens to reverse the 40 year trend of the "big three" of declining unit sales, in today's hyper innovative environment, the best company to compare them to is Kodak. "Look at our pretty film and paper! What do you mean, digital?". Lights out in a decade.

On the other hand, Tesla is doubling it's production every 18 months in cars, and has industry leading position is battery storage (megapacks) and electric demand / supply management (via Autobidder).

If you don't think Tesla is worth it, it happens to be one of the most shorted stocks in the market. It's also the stock short sellers have lost more money on than any other.

Sic Semper Tyrannis