The sum of the market cap of the first group of companies is ~2.068T USD, while the sum of the second group is ~2.270T.
And of course the CEO of Tesla is(?) allegedly the richest man in the world, which is one of the reasons why people know him. And I honestly don't remember the name of the CEO of Amazon since Jeff Bezos stepped down.
lmao Teslas market cap is such a joke. 750bn, 10x higher than BMW while I see tens of millions more BMWs on the road and the BMW brand has astronomically more staying power as brand recognition. Wild. Nobody would be surprised if Tesla flopped but we know BMW, a company over 100 years old won't flop.
I can't imagine being offered a choice between owning (the company) Tesla or BMW and picking Tesla.
edit: Tesla did 4.2% of total market in 2023, outpacing VW, Subaru and BMW. They did 25% more sales in 2023 than 2022. They sell 500-700k/yr right now with 2023 being 660k. BMW delivered 550k cars worldwide.
Shhh you must not rain on techbro's fanatical obsession with fantasy market caps. It's the only aspiration validating their particular niche of career.
# Market caps:
Target 64.99B
Sony ~116B (I think)
TI 152B
BMW ~70B
Fedex 62B
Mitsubishi ~70B
Exxon 396B
Home Depot 343B
Siemens 141B
P&G 349B
3M 60B
Nestle ~290B
Broadcom 501B
...
Amazon 1520B
Tesla 750B
The sum of the market cap of the first group of companies is ~2.068T USD, while the sum of the second group is ~2.270T.
And of course the CEO of Tesla is(?) allegedly the richest man in the world, which is one of the reasons why people know him. And I honestly don't remember the name of the CEO of Amazon since Jeff Bezos stepped down.