$TSLA “Tesla Sales Have Fallen Off A Cliff In Europe’s “Greenest” Car Markets In 2020” Forbes Dec 2020 link here. forbes.com/sites/jimcollins...
This didn’t happen to apple, Google, Amazon when they were growing.
A quick look at tech giants that have crossed $800b market cap recently. For the sake of comparison we will qualify Tesla as a tech company and not a LOW PE car manufacturer.
When crossing $800b market cap $AAPL, $AMZN, and Google averaged:
Earnings: $30.1B
Revenue: $124.3B
Cash $196.3
Tesla crossed $800b in 2021 with:
Earnings: $384m
Revenue: $29b
Cash: $15b
Compared to tesla, the average of these three tech companies at the same time in tsla’s history was:
Earnings: 7,839% higher
Revenue: 677% higher
Cash: 829% higher