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and Tesla is valued at over 21x more than GM
by mxschumacher 9mo ago
and Tesla is valued at over 21x more than GM
- awesome_dude 9mo agoSorry, I lost the thread - GM looks twice as profitable, the same profit on half the revenue How does that justify Tesla's valuation? Is it based on the idea that the margin can be improved?
- andsoitis 9mo ago> Sorry, I lost the thread - GM looks twice as profitable You got it reversed. For Q3'2025, GM net income $1.3B on $48B revenue (down 0.3% YoY). Tesla, in contrast, generated $1.5B income on $28B revenue (up 12% YoY). GM's income was down 56.6% while Tesla's was down 37%. GM had higher operating income than Tesla, however. Explained by Tesla's more aggressive investment in R&D and AI.
- awesome_dude 9mo agoAh, got it now, thanks
- moogly 9mo agoIt's based on "Tesla shareholders want the stock to live in a parallel universe".