tesla will continue to be the dominant ev leader, here’s why
It’s pretty simple why tesla will dominate the ev space & no one comes closer, we just saw the news that Tesla delivered 466,140 vehicles during q2 2023, That’s better than what the Wall Street expected.
![tesla will continue to be the dominant ev leader, here’s why](https://ussnsimg.moomoo.com/1688370431961-70852517-android-org.png/bigmoo)
Now let’s compare the net sales figures of these 3 big players
Net income 10 years ago
Gm : $6.2 billion
Ford : $5.6 billion
Tesla : -$0.4 billion
Now let’s see how the net income looks for today
Tesla : $13 billion
Gm : $10 billion
Ford : -$2 billion
The trend toward electrification is clear, Tesla's lead is unassailable and Tesla's business spans far wider than just cars
Summary
Tesla is far superior to Ford & gm in most areas, especially in margins, profitability, and cash flow. As of last quarter march 2023, Ford has a total long-term debt of $140 billion, while GM is right behind with $115 billion in the same category, Tesla, on the other hand, has just $5 billion in long-term debt, and plenty of cash to show for. Tesla has $22 billion in free cash flow
Tesla will continue to be in absolute shambles
$Tesla(TSLA.US$ $Ford Motor(F.US$ $General Motors(GM.US$
Net income 10 years ago
Gm : $6.2 billion
Ford : $5.6 billion
Tesla : -$0.4 billion
Now let’s see how the net income looks for today
Tesla : $13 billion
Gm : $10 billion
Ford : -$2 billion
The trend toward electrification is clear, Tesla's lead is unassailable and Tesla's business spans far wider than just cars
Summary
Tesla is far superior to Ford & gm in most areas, especially in margins, profitability, and cash flow. As of last quarter march 2023, Ford has a total long-term debt of $140 billion, while GM is right behind with $115 billion in the same category, Tesla, on the other hand, has just $5 billion in long-term debt, and plenty of cash to show for. Tesla has $22 billion in free cash flow
Tesla will continue to be in absolute shambles
$Tesla(TSLA.US$ $Ford Motor(F.US$ $General Motors(GM.US$
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