Sorry, I lost the thread - GM looks twice as profitable, the same profit on half the revenue

How does that justify Tesla's valuation?

Is it based on the idea that the margin can be improved?

andsoitis 3 hours ago | parent | next [-]

> Sorry, I lost the thread - GM looks twice as profitable

You got it reversed.

For Q3'2025, GM net income $1.3B on $48B revenue (down 0.3% YoY). Tesla, in contrast, generated $1.5B income on $28B revenue (up 12% YoY).

GM's income was down 56.6% while Tesla's was down 37%.

GM had higher operating income than Tesla, however. Explained by Tesla's more aggressive investment in R&D and AI.

	▲	awesome_dude 3 hours ago \| parent [-]
		Ah, got it now, thanks

moogly 3 hours ago | parent | prev [-]

It's based on "Tesla shareholders want the stock to live in a parallel universe".