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2023 Tesla becomes more profitable then toyota


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Tesla makes the most profit per sale now…. But they are predicted to pass Toyota up as being the most profitable overall. 
 

https://cleantechnica.com/2022/12/16/byd-may-lead-in-ev-deliveries-tesla-will-pass-toyota/

Analysts predict Tesla’s operating profit will surpass global leader Toyota’s, which could represent another industry-wide disruption from the US automaker.

Toyota has a higher operating profit than any other auto company, and the Japanese automaker is expected to earn $20.1 billion in operating profit in 2022, according to Barron’s. Comparatively, some Wall Street estimates place Tesla’s operating profit at $22.6 billion for next year, which would likely be enough to surpass Toyota — especially if electric vehicle trends continue upward.

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Wait a bit.

Musky has pissed off the very lefties that thought he was the green God.

Buying twatter will cost him huge, and set back his EV sales.

How dare he speak truth!

Be difficult to deplatform him, but they will try.

 

 

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2 minutes ago, Voodoo said:

Wait a bit.

Musky has pissed off the very lefties that thought he was the green God.

Buying twatter will cost him huge, and set back his EV sales.

How dare he speak truth!

Be difficult to deplatform him, but they will try.

 

 

It’s global.  Not just the US.  They are going into markets they haven’t been before.  
 

2023 tax credits are going to be a pretty big boom for them.  Lots are pushing orders out to 2023 for that reason.  2 versions of the model 3 will qualify and all model Y versions will qualify.  Lots of other EV’s will lose out.

Democrats unknowingly boosted Tesla huge compared to every other manufacture with there Inflation Reduction Act.

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11 minutes ago, Snake said:

When you aren't concerned with reliability and fit and finish, it's easy to cut corners and make money... :lol:

Another bad thing is GM and Ford are using Tesla as the benchmark for their EV's they have and the ones they are developing. SMH

"Well, how did Tesla do it?" is common thing right now to hear in Engineering where I'm at  

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59 minutes ago, Skidooski said:

Another bad thing is GM and Ford are using Tesla as the benchmark for their EV's they have and the ones they are developing. SMH

"Well, how did Tesla do it?" is common thing right now to hear in Engineering where I'm at  

They aren't benchmarking their cars, only their battery management.

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