Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> Are they doing well? For example Toyota sells 5x as many cars, but has 1/5th the market cap. Low sales but high market cap is normally a dangerous situation to be in unless you're sure you have some massive tech advantage that will keep you growing fast.

I think 15 billion profit on 97 billion revenue is doing pretty well.

Ford is 4b profit on 176b revenue. VW is 16bn on 322.

> Tesla sales leveled off a few years ago

2024 is the first year since 2011 with a decline (a 1.1% decline), each year prior saw a considerable increase.



> I think 15 billion profit on 97 billion revenue is doing pretty well.

These are 2023 numbers, in Teslas latest quarter net profit margin has fallen by nearly half vs 2023 (8.6% vs 15.5%)




Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: