$Tesla (TSLA.US)$ [Share Link: Financial analysis of 11 glob...
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"Despite a very competitive environment, we are making a profit." Elon Musk, CEO of Tesla, proudly stated during the earnings call for the July-September period. In contrast, Arno Antlitz, CFO of VW, expressed disappointment saying, "Our performance reflects a tough environment. Significant cost reductions and efficiency improvements are necessary."
Analyzing the financial results of the top 11 companies selected based on revenue and passengers carried, the leaders in the EV shift are performing well while the latecomers are all experiencing profit declines, with the severity of the performance decline being notable.
Analyzing the financial results of the top 11 companies selected based on revenue and passengers carried, the leaders in the EV shift are performing well while the latecomers are all experiencing profit declines, with the severity of the performance decline being notable.
Toyota's final profit was 573.7 billion yen, maintaining the top profit amount but decreasing by 55%. Honda decreased by 61% to 100 billion yen, while Nissan Motor Co fell into a final deficit of 9.3 billion yen.
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