feld on Nostr: > Tesla really should be priced below General Motors and that’s at about 40 bucks a ...
> Tesla really should be priced below General Motors and that’s at about 40 bucks a share right now. Tesla makes their money off bitcoin and carbon credits; not cars.
While that makes a nice story, it's pretty dishonest. Carbon credits are quite important but their bitcoin holdings are not.
> Tesla net profit margin as of December 31, 2024 is 7.26%.
> Ford Motor net profit margin as of December 31, 2024 is 3.18%.
> General Motors net profit margin as of December 31, 2024 is 3.21%.
TSLA's profit margin is a huge reason why their valuation was so high
While that makes a nice story, it's pretty dishonest. Carbon credits are quite important but their bitcoin holdings are not.
> Tesla net profit margin as of December 31, 2024 is 7.26%.
> Ford Motor net profit margin as of December 31, 2024 is 3.18%.
> General Motors net profit margin as of December 31, 2024 is 3.21%.
TSLA's profit margin is a huge reason why their valuation was so high