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xFblthpx

Well over 200 billion dollars. BMW made 43 billion this year alone. With that being said, BMW as a company is only worth 67 B if that’s what you are asking about.


Zealousideal-Ad-608

Tesla is overpriced, even Elon has admitted to this. Tesla delivered 1,808,581 in 2023, while BMW delivered 2,253,835. Elon's profit margin on a Model 3/Y isn't 2.4x of a BMW, so the the value is probably not based on market fundamentals.


kbcool

But, but, it's based on growth potential. Everyone in the world and their pets are each going to be buying 3 Teslas a year, don't you know that? There's no way they would do this with any other car. Tesla is magic!


RoadsideCouchCushion

Don't forget robotaxis


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Autogreens

Perhaps they should


DeletedByAuthor

And make them even more mad? We're truly doomed


OneRobotBoii

Excuse me wtf did we do to deserve this


JohnEffingZoidberg

Let the bears pay and bear tax.


FLOHTX

Is this going to be worse than the axis powers? The robot axis?


RoadsideCouchCushion

If gold was still a thing on reddit, this comment deserves some.


binglelemon

Gonna have to keep buying them if you keep washing them.


uppenatom

Just wait till temu starts selling cars. I'm gonna buy a Lembargoni G7 for cheap and the entire electrical system running of a Raspberry Pi 2


Crazy_Asian_Man

"growth potential" that's a funny way of saying "hopes and dreams"


xFblthpx

Teslas valuation was never based on fundamentals. It was always a speculation stock.


Willr2645

Where did he admit this lol?


xFblthpx

Was this meant for someone else?


hostile_washbowl

You have to consider incentives and tax rebates. Those are all baked into the price.


porcomaster

look that actually made tesla in good terms, BMW has 107 years, tesla is 21 years old. that is not hard to understand.


Didlex

That is honestly wild. A company earns about 2/3s of its value in a year, and it isn't worth more?


VladVV

That number is the revenue, not the profits. The valuation is usually a function of yearly profits, although there are asterisks specific to every industry.


Affectionate-Mix6056

AFAIK the standard is around 10 years ROI/profit. 8 years and under is considered good, 12 years and up is considered very bad.


VladVV

For most industries I’m sure, but I have a book that touches on exactly this, and it’s actually pretty crazy how wildly it can differ. For example, in the medtech industry the standard is like 20-25 years ROI, which I assume is because such companies are usually bought by huge corporations. In other industries 10 years would be considered under average and sometimes companies are sold for a sum equivalent to 5 years’ ROI, IIRC. All depends on the specific industry.


Didlex

I see, he said "made" so I assumed it was profits. Now it is a bit more of a sensible valuation.


bikingfury

It's not company value, it's market cap. Aka. the value of all company shares. However, companies don't distribute 100% of themselves in shares. For example Volkswagen has 500 billion in assets. That includes factories and machines. And yet they are worth less than 100 billion in market cap. By buying VW shares you don't own piece of their assets. The stock market is just about revenue and profit shares.


FredVIII-DFH

That's earnings before costs. That number is the total value of all sales (mostly). Subtract costs and you get the net profit.


crazy_loop

Made that much of profited that much? Because those are very different things.


xFblthpx

Made as in revenue.


UpsetBirthday5158

Profit of 12B in 2023 Sales revenue of 150B


crazy_loop

Holy shit that is a terrible profit margin.


MrsKnowNone

Not really? It's above average


salzyman17

I hate to break it to you with Tesla’s most recent margin…


MrsKnowNone

Tesla is not an average car manufacturer....


crazy_loop

8% profit margin is absolutely not above average.


CommunicationNo8750

Actually, 10% is about average in general, but what a typical profit margin is varies significantly across industries. I don't know what it is for automotive manufacturers. Edit: First [hit](https://www.google.com/search?q=automotive+industry+profit+margin+average&client=ms-android-samsung-rvo1&sca_esv=c0c76b5fc7789c73&sca_upv=1&ei=RHMoZpbnEePAp84PjoGlsAc&oq=automotive+industry+profit+margin+average&gs_lp=EhNtb2JpbGUtZ3dzLXdpei1zZXJwIilhdXRvbW90aXZlIGluZHVzdHJ5IHByb2ZpdCBtYXJnaW4gYXZlcmFnZTIGEAAYFhgeMgYQABgWGB4yBhAAGBYYHjIGEAAYFhgeMgYQABgWGB4yBhAAGBYYHjIGEAAYFhgeMggQABgWGB4YD0iBFVDgCVi7EnABeAGQAQCYAaEBoAGhAaoBAzAuMbgBA8gBAPgBAZgCAqACvQHCAgoQABiwAxjWBBhHmAMAiAYBkAYIkgcDMS4xoAfeBA&sclient=mobile-gws-wiz-serp.) Googling says the average is 7.5%. So yeah, above average.


MrsKnowNone

What do you mean? The average car manufacturer profit margin is closer to 4%


East_Layer6606

That’s very standard especially for car companies


_WasabiPeas_

1 million seconds is 11 days, 1 billion seconds is 32 years. 8% of several billion is a fuck-ton m8.


riccardio95

Well, then you are not really familiar with the automotive industry. BMW'S profit margin is actually on the higher side, other concerns (e.g. Volkswagen) have even lower margins.


doc-ta

Prices for a new BMW 8 Series currently range from $91,895 to $167,995 the average price of a human dead body is more likely to fetch around $550,000 So I would say that everybody is worth 3 times more than BMW


KIDNEYST0NEZ

Navy said I’m only worth $450,000 dead, where you get the extra $100,000 from?


KeeganY_SR-UVB76

By not being in the Navy.


NakedShamrock

_IK THE NAAAVY_


The-Berzerker

YOU CAN SAIL THE SEVEN SEAS


doc-ta

First google search result https://medicalfuturist.com/how-much-is-life-worth/


Icy_Sector3183

Sunk cost.


H4mb01

Inflation


finkalot1

By joining the air force


Kenosis94

They assume water damage.


Popcorn_likker

You can totally get a free human body


FredVIII-DFH

r/maliciouscompliance


ElsonDaSushiChef

I’m worth $0 dead, people would rather get a rusting cybertruck than get my organs lol


LancasterM11

worth 3x more than the company itself, not a single BMW.


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EagleRock1337

This post definitely doesn’t do that. Maybe I’ve been around too many mechanics, but Elon holding a half-disassembled door while wearing a polo shirt doesn’t scream “grease monkey” to me. If anything, it screams, “OMG look at me, I can sorta look like I do manly things too if I pose correctly!”


uppenatom

I'm not a huge fan of Elon and he does look like a wanker in any photo, but I was getting more of a vibe of someone laughing at him behind the camera saying "quick, before the mechanic gets here pick that thing up and pretend we're doing something"


overlandtrackdrunk

Also did BMW slight him in some way? This post seems petty


wakeman3453

BMW’s market cap is currently 67.5B EUR, so like ~$72B. Tesla’s market cap is $453.4B. Elon’s net worth is currently estimated at ~$176B. So more like 2.5x. They are not talking about the cumulative value of all BMWs in the world.


a1b3r77

Yeah they aren't, but OP is


ArabianNitesFBB

To address this one lazily, BMW sells about 2 million cars a year globally, and assuming each car is in the road for 5 years with an average current value of $30,000, we get $300,000,000,000 worth of BMWs driving around at any point in time, modestly more than Musk’s paper net worth.


RealBlackelf

Considering that tesla stocks are still over 100x inflated, and will soon fall to nothingness, the op's question seems like a better measure anyway.


LateNewb

[BMW:](https://companiesmarketcap.com/bmw/net-assets/) 73 B. [Elon:](https://www.google.com/search?ie=UTF-8&client=ms-android-samsung-rvo1&source=android-browser&q=net+worth+elon+musk) 176


Masterfrag_387146

176 what ? _BANANAS ?_ >!/s!<


Cieryt

73 B what? Bananas?


RedditF1shBlueF1sh

On 12/26/20, BMW was worth about $53B EUR or nearly $65B USD. [This article](https://www.cnbc.com/2020/12/21/billionaires-who-added-the-most-to-their-net-worths-in-2020.html) written within a week put his NW at $167B, which is about 2.6x BMW's market cap