At the time I am writing this (1/7/2021 12:08 EST) Tesla has a market cap of ~$760B and facebook has a market cap of ~$765B. In Q3 of 2020 Tesla had around $8B in revenue while facebook had around $8B in PROFIT. I've got my annual bonus coming in soon, let's hear some Blind takes on why I should use it to buy shares of Tesla instead of shares of Facebook. #investments #tesla #elon
Soon TSLA surpasses APPL. TSLA made $10B in revenue and Apple had $10B in cash and an EV company along with it.
Over valued, their net margin is 3% with 300MM net income, despite their growth vs an ex: Apple at 19% 12B net.
TESLA will surpass other FAAMG companies in next few months.. i bet tesla to be 2T by March 2021..
Looking at Fundamentals, I’d go with FB, but market tells otherwise, TSLA has way more demand, despite it being reiterated as overweight twice this week, price just shoots up.
People were saying the same things about fb in 2013 about how it was more valuable than companies with so much higher profits.
Fb was worth $65B in 2013 and had over a billion MAU, I don't understand your comparison between 2021 Tesla and 2013 fb
Net income was $53M for 2012