Quote:
Originally Posted by red-beard
Tesla has a Market CAP of 5 times the combined value of GM and Ford. And has never has never turned a full year profit. And sold World-wide one third the cars Ford alone sold in the USA.
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Is this the part where someone explains there is no relationship whatsoever to stock price and profitability? There are companies with valuations of 8 to 10 significant digits that have never turned a profit, and probably never will.