Tesla makes 3 times more profit than Toyota per car (Kodak!)

Tesla makes 3 times more profit than Toyota per car (Kodak!)

Join this channel to get access to perks►

Members-only videos (see videos before anyone else)►

The Electric Viking on Social:

See more videos about Tesla:
Elon firing 10% of Tesla workforce - here's why he's doing it

Elon discloses Tesla working hours & threatens mass firings

My 2 favourite Tesla over the air updates in 2022

Musk got the idea for Tesla Model Y changes from a toy

CRAZY delays; Here's what's going on with Tesla Model X

Tesla's $26 Trillion dollar opportunity - NO car sales

BREAKING: Tesla's 16.0.2 epic NEW OTA update

Elon Musk gives exact date for FSD without a driver

Tesla's Indonesian Gigafactory is PURE fantasy

INSANE Tesla short seller insider trading SCAM exposed

Tesla's LMNO/LFP battery chess move will destroy Toyota

NEW EV with Tesla CTP tech, 700km range & a crazy price

Tesla revenue 2022 - 2026: 'money printing machine'

Tesla will sell (a lot) more cars than GM & Ford in 2025

Tesla has 1.5 million Cybertruck orders - NO more outside US

Tesla & CATL using CTC to destroy legacy auto & make billions

Tesla's New Model Y AWD with 4680 cells is available NOW

Does TESLA have 2 million orders for Model Y in Germany?

Elon Musk says car companies are going about It wrong

Elon Musk gives Herbert Diess a MASSIVE compliment

Tesla on FSD saves drivers' life - the reason why is surprising!

Tesla URGES Panasonic to speed up 4680 battery production

The REAL reason no-one is recycling Tesla batteries

Tesla deliver ZERO Model Y - still best-selling SUV in China

How Tesla helped world pollution MENACE Australia go green

EXPOSING Mary Barra's childish TESLA & $30K EV lies

Corrupt German green groups still trying to shut down Tesla

Tesla building 2nd gigafactory in Germany + 2 year Giga plans

CRAZY Tesla Q2 delivery claims guarantee disappointment

Gigafactory Berlin gives Tesla an unfair advantage In Europe

Used Tesla market goes CRAZY. We've never seen this EVER

Are Tesla's rivals catching up?

Jeff Bezos: 'Twitter & Tesla influenced by Chinese Government'

YES, Cybertruck & Semi will be 800V, Y & 3 to stay 400V

Scrap the small-block V8 Swap for this Tesla Crate Motor

Stock market manipulation using Tesla should be prosecuted

Tesla using no-cobalt LFP batteries way more than we thought!

Tesla's global market share GROWS - here's the numbers

#legacyauto #tesla #Toyota #carprofit #Production #evsales #evs #evnews

This channel may use some copyrighted materials without specific authorization of the owner; but content used here falls under the “Fair Use” Copyright Disclaimer under Section 107 of the Copyright Act 1976.

Allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

[petewalter]

Too many models, I am not sure why GM etc... does not get that.

[seangrazette]

Bring on the Carnage! Legacy Auto has had their day!👍🏽👍🏽👍🏽 #dumpthepump

[jimgraham]

The support infrastructure for ICE is very considerable, gas stations, gas tankers, fuel storage, fuel refining, oils drilling etc. With the roll out of EVs much of this will be stranded and fuel costs will likely become very volatile. Ultimately though loss of scale is likely to see fuel prices go through the roof.

[peterzeutzius]

30% money you paid for a Tesla is for the brand

[thelovingathiest]

It is possible to be crazy and correct. You are definitely correct, I don't know about crazy though.

[mrfudd]

Well said, can't happen soon enough. Traditional automakers richly deserve to be tossed on the scrap heap of history.

[ds]

i agree with your kodak/ toyota comparison. paradigm blindness/ paradigm paralysis clearly at play. the expertise and long history of success within the previous paradigm actually solidifies and guarantees their failure to adjust to the new paradigm. their success in the old paradigm becomes the weight that holds them down. a giant tanker ship at full speed cannot make the the 180 turn in time. kodak, nokia, blockbuster, sears, barnes and noble. in fact every choice that most ice oem's are making are guaranteeing their failure. especially toyota and gm. making all the wrong investments. vw trying their best to turn the ship may make it out alive, maybe ford but thats it.

[AdvocteTruth]

The Automotive Industries fixation with creating multiple new models and of course multiple classes of said vehicle simply make producing cars at scale and of course at a profit is almost impossible.

Their economic model is simply flawed basing your gross income on a sales formula of less than 10% gross profit was always a huge risk.

And the fact that Tesla is still ramping up yet they now make more gross profit than either GM or Ford is incredible considering GM sells 3-4 times more vehicles than Tesla does .

[mackan]

Tesla may have 3 times the margins of Toyota, but Toyota still sells 9 times as many cars as Tesla. That's quite a lot and makes Toyota in total earn 3 times the money of Tesla from their vehicle sales.

[farmerpete]

Legacy autos (and this includes VW) should take a look back at VW in the late 1930s and post war: how many models did VW produce? Just the one as far as I know. And they sold and sold around the world for years, becoming an icon along the way. As Sam said, Tesla only have 4 model at the moment and are selling them as fast as they can be produced. The fact that legacy companies feel the need to create so many different models shows they are ignoring the VW history. And those that do not learn from history, are set to repeat it, and go the way of Kodak, Nokia etc. etc.

[terenceiutzi]

And Tesla charges three times as much! What does that tell you about Tesla buyer's

[pstanyer]

All ev cars make double the profit of ice cars that's why they are being pushed so hard by the makers, that's also there is a shortage of cars so they can put the chips in the most expensive and profit making vehicles. Which are £ 40k+ EVs or top spec ice cars. That's why there are no sub 20k EVs with a decent range. Why would you give up all that money

[TeslaEVolution]

BYD and Tesla= Only ones capable of volume production!!

[BlondieSuperdog]

Lithium cost is up 1000% since 2020, driven by EVs; a Tesla costs $1500 more; the problem is worsening; quality sources are costly to develop with superior battery tech on the horizon that doesn't use LI would you develop a lithium source? Current Li production limits production to under 5 million insignificant; PHEV could be 50 million.
total vehicle production w the same lithium; the market is 100 million vehicles a year and a billion exist.

[ianburnett]

That 3 times profit directly relates to the price tag being higher. When Toyota are manufacturing like for like cars at a lower cost might just be a Xerox moment.
Toyota drive is phev which is the best place to be now. Reducing manufacturing carnbon footprint compaired to EV and minimization of hydrocarbon usage is exactly the proper direction at this time. There are PHEV's out there that can boast tank of gas lasting thousands of kilometers.

[bspencersf]

Also, very expensive to shut down a production line. You can’t just flip a switch and stop this giant lumbering system. This confluence of challenges will kill most, if not all of the current leaders. Ford has at least created a lifeboat that can possibly escape the sinking ship of their ICE business.

[yasserfuad]

I wouldn't be confident of what you say, if Panasonic is saying the global market in 2030 would be 30% EVs
This is the battery maker for Tesla and Toyota

[ISuperTed]

Totally agree. 2 or 3 main players plus some niche makers will remain and obviously Tesla will make the vast majority of the profits. It’s very like the mobile phone business - IOS vs Android. Apple with IOS make most of the profit and have become one of the worlds most Iconic companies, the various Android makers survive but on way less profit. It’s going to be the same with Tesla as Apple, one or 2 legacy makers or BYD as Samsung/Google and the rest as smaller volume and smaller profits.

[hindoocow]

Model Y available in Australia as of right now :)

[allanbartram]

Totally spot on - could add that the price war will not include ICE- they’ll just slowly close and EV, s at the time of the approach of the Valley of death, will be almost free to charge what they like because demand will completely outstrip demand- very profitable period on the horizon !