Toyota Market Cap value $248 billion
Tesla profit last year $15 billion
Toyota profit last year $64 Billion
How can a company be worth over 3 times as much while making 1/4 as much money? By being overvalued in the stock market?
Toyota Market Cap value $248 billion
Tesla profit last year $15 billion
Toyota profit last year $64 Billion
How can a company be worth over 3 times as much while making 1/4 as much money? By being overvalued in the stock market?