Is Apple more successful than Tesla?

Is Apple more successful than Tesla?

Tesla’s Growth Has Been Much Stronger Tesla, with revenue of $42 billion over the last 12 months, is a baby about an eighth of Apple’s size. Apple’s revenues over the last 12 months were $347 billion. However, Tesla’s growth has been much stronger. Revenues grew by about 98\% over the most recent quarter.

Can Tesla beat Apple car?

In Hubert’s opinion, Apple can definitely compete in the EV market, despite the low margins, but that doesn’t mean it will beat out Tesla. “Apple really only succeeds when it’s vertically integrated. Partnering with other EV players won’t cut it, and that means Apple is still years away from a true product offering.

How much is SpaceX worth?

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SpaceX has apparently become the second-most valuable private company in the world. SpaceX’s valuation has topped $100 billion, making the company even more of a rich rarity in a fast-growing industry.

Is it good to invest in Tesla or Apple?

AAPL is more profitable with a gross profit margin and EBITDA margin of 41.01\% and 31.96\%, compared to TSLA’s 22.04\% and 13.74\%, respectively. Furthermore, AAPL’s ROE, ROA, and ROTC of 127.12\%, 19.30\% and 31.69\% compare with TSLA’s 12.28\%, 4.35\% and 6.32\%, respectively. Thus, AAPL is more profitable here.

Is Tesla still a buy now?

Tesla stock is currently not a buy. As Musk sells his shares, Tesla stock is struggling to steady itself after suffering its biggest weekly drop in 2021.

Is Kia making Apple car?

Kia won’t be making the autonomous Apple car, but it might make the Apple scooter. Despite previous reports that Apple’s negotiations with Hyundai affiliate Kia had ended, it now appears that talks are back on. However electric car fans might still be a little disappointed as they’re over a different kind of vehicle.

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What does Elon Musk own?

Elon Musk co-founded and leads Tesla, SpaceX, Neuralink and The Boring Company. As the co-founder and CEO of Tesla, Elon leads all product design, engineering and global manufacturing of the company’s electric vehicles, battery products and solar energy products.