Re:Jeff Lawson Steps Down as CEO of Twilio
by swozey on Monday January 08, 2024 @01:10PM
(#38915797)
lmao Teslas market cap is such a joke. 750bn, 10x higher than BMW while I see tens of millions more BMWs on the road and the BMW brand has astronomically more staying power as brand recognition. Wild. Nobody would be surprised if Tesla flopped but we know BMW, a company over 100 years old won't flop.
I can't imagine being offered a choice between owning (the company) Tesla or BMW and picking Tesla.
edit: Tesla did 4.2% of total market in 2023, outpacing VW, Subaru and BMW. They did 25% more sales in 2023 than 2022. They sell 500-700k/yr right now with 2023 being 660k. BMW delivered 550k cars worldwide.
Re:Jeff Lawson Steps Down as CEO of Twilio
by Solvency on Monday January 08, 2024 @01:52PM
(#38916379)
Shhh you must not rain on techbro's fanatical obsession with fantasy market caps. It's the only aspiration validating their particular niche of career.
I can't imagine being offered a choice between owning (the company) Tesla or BMW and picking Tesla.
edit: Tesla did 4.2% of total market in 2023, outpacing VW, Subaru and BMW. They did 25% more sales in 2023 than 2022. They sell 500-700k/yr right now with 2023 being 660k. BMW delivered 550k cars worldwide.
https://www.teslarati.com/tesla-2023-u-s-market-share-volksw...