I know, but that is far more than 3. And the small fish Tesla’s market cap is $584B.
Obviously the barrier to entry to manufacture a hugely complicated machine will be high, but the data indicates it is not impossibly high.
Obviously the barrier to entry to manufacture a hugely complicated machine will be high, but the data indicates it is not impossibly high.
When Toyota sells 10 million cars a year it's not news, they have basically reached peak growth. Tesla's valuation is higher because they keep selling more cars and still have room for growth (and because of Elon Musk himself).