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[–] 27 points 2 years ago (2 children)

Not really. It still has a price to book ratio of 9.10, which is still ridiculous for a car company.

For comparison:

Toyota is 1.21

Ford is 1.05

Honda is 0.66

VW is 0.38

Nissan is 0.36

The price-to-book ratio, or P/B ratio, is a financial ratio used to compare a company's current market value to its book value (where book value is the value of all assets minus liabilities owned by a company).

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  • [+] -15 points 2 years ago (1 child)

    Tesla makes more than just cars. It's not a fair comparison.

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  • [–] 12 points 2 years ago (1 child)

    So do all the other companies. For example, Toyota makes robots.

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  • [–] 6 points 2 years ago (1 child)

    Doe's the CEO of Toyota shitpost tho?

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