Tesla's Earnings Per Car Are About Eight Times More Than Toyota's

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Tesla's Earnings Per Car Are About Eight Times More Than Toyota's via insideevs.com

Considering these details, it's interesting to learn that Tesla earns eight times more per car than Toyota. Tesla has proven that it can turn a consistent profit every quarter now for two years or more. The company also boasts plenty of free cash flow, which, according toCheck Out These Articles About Toyota's EV Efforts:While the math here isn't super-scientific, the fact that Tesla is out-earning Toyota by leaps and bounds cannot be disputed. Electrek writes that Tesla reported $3.

It's important to note that Toyota owned some 3 percent of Tesla for a time, which it paid just $50 million for. Now, as Electrek points out, Tesla makes another $50 million in free cash flow about every two days.

 

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