Tesla yesterday reported 2 Quarter 2023 Earnings.
Year on year Tesla's total revenue grew by 47 %. Tesla's net profit margin sits at around 10 % but this is with the tax subsidy and other subsidies. So, if subsidies are taken out, Tesla's net profit margin goes at at around negative (-) 10 %
At circa 912.7 billion USD market capitalization Tesla is trading at Price/Sales ratio of 45 compared to around 3 Price/Sales ratio for Volkswagen and Toyota.
Tesla Inc is astoundingly, grossly overpriced is Wolfteam Ltd.'s corporate view.
Wolfteam Ltd. estimates that Tesla's intrinsic worth is 140 billion USD and that estimate and projections reflect the value of Tesla's electric vehicles technology and the software and electrical, machine engineers an financiers on Tesla's payroll.
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