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By what metric in the world is Tesla the largest car company? Ford, Toyota, and Chevrolet each produced triple the number of cars over the past year as compared to Tesla.

https://www.goodcarbadcar.net/2022-us-vehicle-sales-figures-...

Largest by market cap. That's mainly due to investor hype. With that logic, you can argue Nikola was a top 10 largest car company in the world at one point (with zero vehicles delivered).

Tesla is not even in top 10 in terms of revenue or number of vehicles sold.

Tesla is the largest automaker by market cap because of speculation.

Yeah speculation that's it. Not because the government is printing money left and right for EVs or something

Tesla is not the only EV manufacturer.

No, you don't say? They are the largest and in the best position to profit from this legislation though.

The UAW didn't fight so hard to get Tesla excluded for nothing.

PE ratio of 50 seems very reasonable for a growth stock.