Tesla investors brace for another year of sales decline as Musk backlash grows
Clent @ Clent @lemmy.dbzer0.com Posts 1Comments 518Joined 7 mo. ago
Clent @ Clent @lemmy.dbzer0.com
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Share price isn't a useful number since the quantity of shares is not equal between the two.
Ford's cumulative stock value (market cap) is about $38 on $185 in revenue (in billions)
Tesla's cumulative stock value is $860 on $97 in revenue (in billions)
So Tesla is trading on a value that is 2200% that of Ford on 50% of the revenue.
That only occurs because Musk is a running the largest confidence scheme in history.