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Jul 6, 2020
11:09
:29
am
TNT
Intervention Needed
How does that work? Only .5% market share but most "valuable?"
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TNT
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TNT
Joined
Dec 19, 2001
Last login
Jun 16, 2024
Total posts
236,208 (10,968 FO)
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Messages
Author
Time
Tesla just surpassed Toyota as the most valuable automaker in the world. Despite
CougarTailDevourer
7/6/20 11:08am
Proof that quality doesn’t matter.
chago04
7/6/20 11:08am
proof that government subsidies rule
run26
7/6/20 12:16pm
How does that work? Only .5% market share but most "valuable?"
TNT
7/6/20 11:09am
Market share = % of total cars sold. "Value" = market cap
CommodoreCoug
7/6/20 11:10am
Market cap?
TNT
7/6/20 11:12am
Total value of all outstanding stock
CommodoreCoug
7/6/20 11:13am
<< Deleted >>
Abe Froman
7/6/20 11:14am
It means the market is insane and not based on reality. But in all seriousness
CougarTailDevourer
7/6/20 11:14am
This is how TNT interpreted it
TNT
7/6/20 11:15am
“The stock market is a graph of rich people’s feelings”
2018grad
7/6/20 12:11pm
<< Deleted >>
Abe Froman
7/6/20 12:15pm
It means don’t buy their stock
Croweater
7/6/20 11:28am
How much of that value is Elon in people's minds? If both were put up for sale I think Toyota fetches more.
Grit for Brains
7/6/20 11:13am
A lot. The fact that Tesla's prices soars when SpaceX has a successful launch,
CougarTailDevourer
7/6/20 11:16am
Investors look at Tesla as a tech company, Toyota is still just an auto maker.
RC Vikings
7/6/20 11:20am
Both are innovators
TNT
7/6/20 11:21am
Not sure I agree with this statement. Toyota was an innovator 20 years ago,
gunhog
7/6/20 11:38am
You tweaked the statement
TNT
7/6/20 11:52am
Isn't part of it due to Musk's willingness to sellout to China?
greatbam
7/6/20 11:59am
Actually, Tesla passed Toyota a month ago. Now passed Toyota, GM, Ford combined!
roseyscenario
7/6/20 12:42pm
RE: Actually, Tesla passed Toyota long ago. They just passed Toyota & GM
CougarTailDevourer
7/6/20 12:48pm
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