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?
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The answer that I learned a long time ago in grad school is that the price of the stock is the present value of all future earnings. That being said, I do not believe that that statement is accurate when applied to Tesla.
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