I've been pretty skeptical that Tesla should be valued more than all other automakers combined. I always figured that Toyota could just turn on their manufacturing prowess to make EVs, and start cranking them out. But this is looking less likely as time goes on. The next 5 years will much more interesting for the legacy automakers than I would have thought. Kudos to those of you with the insight to figure this out long before me. Who will be the top 3 automakers of 2035? BYD, Tesla, ???
No. People have been predicting the demise of the so called "legacy" car companies for a long time. But they're car companies. They sell cars. They make a profit:
https://electrek.co/2024/12/06/toyota-delaying-launch-next-w...