Here's why Tesla isn't really more valuable than Toyota - Business Insider

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Tesla has surpassed Toyota to become more valuable than the Japanese carmaker, but Tesla isn't actually worth more.

in market capitalization last week, making the electric-car company the world's most financially valuable automaker.

Tesla had already surpassed General Motors, Ford, and Fiat Chrysler to become the most valuable carmaker in the US.Of course not. Toyota has been extremely valuable for decades, while Tesla has only recently been deemed exceptionally valuable by investors. Tesla must remain valuable for decades to genuinely surpass Toyota's achievement.But in 2019, Toyota sold just under 11 million vehicles, while Tesla sold ... less than 300,000.It's all about the future.

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Tesla is more innovative than Toyota, like the production of electric cars.

I'll take my Toyota Rav4 2013.... I bought new. It has been great. It has 44k miles on it, and it is perfect🚗🚘🏉🐎🏆🚎🚐🏭🏡🌝🌀⛄

Tesla is just a car, instead of combustible engine it has battery (openly sourced) and induction motors (Germans and Japanese are best). We need reliable car and convenient service that takes time to build and Tesla has few.

Elon musk says ' Fuck you' to the big 3 of US auto firms....

A clever product owner and salesman. That's it, nothing more. Didn't invent nothing and dare to say Chomsky sucks.

tsla is worth less than toyota. Now tsla is abig bubble

Still going to buy a brand new Toyota Landcruiser.

The cult of Elon Musk will buy anything the Musk oil salesman is selling.

Never

What?

We are boycotting TESLA! Everything Kanye West touches must be boycotted!

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