Re:BYD is automaker with the most R&D staff in the world
by bpodgursky on Tuesday December 31, 2024 @10:27AM
(#42559233)
It's notable that this only happened because Elon held a controlling (or near-controlling) share and pushed for long-term vision against the wishes of institutional investors, bulling them as necessary. The "long investment timeline" did NOT come from wall street.
Re:BYD is automaker with the most R&D staff in the world
by lotsofpulp on Tuesday December 31, 2024 @10:51AM
(#42559432)
“Wall street” is the one rewarding Tesla with a market cap almost an order of magnitude more than Toyota, even though Tesla’s net income is not much higher than Toyota’s, and Toyota moves many more cars.
“Wall street” (or “the west”) is getting far more on Tesla’s long term ability to grow net income than on Toyota’s.
Assuming "the west" includes the US, the biggest companies in the US have very long investment timelines, much farther than the next quarter. Tesla, whose business includes making cars, lost money for 10+ years as a publicly listed company.