Tesla seeks to raise $1.5B to fund Model 3 production

Re:Tesla seeks to raise $1.5B to fund Model 3 production by handsomechad on Monday August 07, 2017 @02:25PM (#14949897)

How can you call "iPhone" a nimble upstart and compare it to Nokia, the multinational corporation. Wouldn't "Apple" be more of an apples to apples comparison?

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Re:Tesla seeks to raise $1.5B to fund Model 3 production by JVIDEL on Monday August 07, 2017 @02:32PM (#14949967)

Yep, in fact I think apple might been bigger than nokia in 2007

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Re:Tesla seeks to raise $1.5B to fund Model 3 production by adventured on Monday August 07, 2017 @02:40PM (#14950045)

Nokia was twice as big as Apple.

Nokia's sales for fiscal 2006 were close to $50 billion with $5 billion in profit (in 2006 Euro/Dollar terms). For fiscal 2007, their sales jumped to closer to $60 billion (for 2008 as well).

Apple's sales for fiscal 2006 were $19.3 billion. Apple didn't pass Nokia in size until the end of 2010; as Nokia began the drop that saw 40% of their sales disappear in just four years.

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