how is Tesla worth more then any other car manufacturer?

Question

I dont have the exact numbers, but I read that

VW sold about 12 million cars last year,

Mercedes over 2 million,

Tesla less than 1 million.

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How can there be suge a huge difference in the worth of these companies?

In: 0

Answer 1

Read up on gross margin, expected future revenues and think about the relative value of having access to the most talented engineers.