Comment by foobarian
1 day ago
Figured that metric is for EV only, which is not that surprising. But even for overall sales it's #11 on the list for first 3 quarters of 2025, which is not too shabby: https://www.carpro.com/blog/2025-year-to-date-u.s-auto-sales...
The problem is Tesla's valuation is overpriced even if they owned 100% of the car market, their P/E ratio is > 300.
"But it's high margin", sure it is, but so is Ferrari, and their P/E is 30-40.
> Figured that metric is for EV only, which is not that surprising.
But it is stunning that legacy automakers are sticking to fossil fuels.
The infrastructure just isn't there to make EVs interesting for a lot of people in the US and EU.
They also know that this means that the EU will push the target date for the end of fossi fuel cars.