▲ | DoesntMatter22 6 days ago | |||||||||||||||||||||||||||||||||||||||||||||||||
They went from no revenue to the 9th most valuable company in the world under him. No vehicle sales to having the best selling vehicles in the world. They are still profitable, have very little debt and a ton of money into the bank. Every company has hits and misses. Bezos started before Musk and still hasn't gotten his rockets into orbit. | ||||||||||||||||||||||||||||||||||||||||||||||||||
▲ | tzs 5 days ago | parent | next [-] | |||||||||||||||||||||||||||||||||||||||||||||||||
> No vehicle sales to having the best selling vehicles in the world They have the best selling model in the world (their Model Y). But their total sales of all models are way behind many other car companies. These car companies sell more cars each year than Tesla (ordered by total sales): Toyota, Volkswagen, Hyundai-Kia, GM, Stellantis, Ford, BYD, Honda, Nissan, Suzuki, BMW, Mercedes-Benz, Renault, and Geely. Toyota and Volkswagen each sell more cars in a year than Tesla has sold over its lifetime, and Hyundai-Kia's annual sales are about the same as Tesla's lifetime sales. By revenue rather than units these companies sell more per year: Volkswagen, Toyota, Stallantis, GM, Ford, Mercedes-Benz, BMW, Honda, BYD, and SAIC Motor. (Edit: I accidentally left out Hyundai-Kia) | ||||||||||||||||||||||||||||||||||||||||||||||||||
▲ | starchild3001 5 days ago | parent | prev [-] | |||||||||||||||||||||||||||||||||||||||||||||||||
If I had to guess, I’d say the original Tesla founders had a greater influence than Musk. His track record, frankly, is unimpressive. He’s been promising full self-driving “next year” since 2016, yet it’s still nowhere close. Aside from the Model S and X, there hasn’t been a major innovation under his watch. The real groundbreaking work likely came before him. His reign? Far from remarkable. Each year has been a cycle of overpromising (often outright lying) and underdelivering. As for Tesla’s stock? Well, markets can stay irrational far longer than most people can remain solvent. | ||||||||||||||||||||||||||||||||||||||||||||||||||
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