Re: Ford cutting EV production
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Quote:
Originally Posted by jpd80
Year to date, Tesla’s pretax profit sits at close to $13.2 billion but absolutely true that
Tesla’ s Q3 result was $4.1 billion, down 22% from the $5.7 billion earned in Q3 2022.
And on the strength of that “bad result” Tesla’s stock price has retreated to $200 which
means that Musk’s own portfolio has taken a huge dump but only if he sells….
In comparison, Ford earned a mere $1.2 billion pretax profit in the same period
and I’d be willing to bet that Tesla’s profit is as big as GM and Ford combined….
https://digitalassets.tesla.com/tesl...3-Update-3.pdf
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Thank you
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