"If you ask me, we should definitely cash out Tesla first."
"Its market valuation of 520 billion USD surpassing Toyota is clearly inflated."
"Whether you consider it from the profit sector or future prospects, Tesla's valuation is excessively high and doesn't truly possess the strength to outshine Toyota."
Toyota's annual profit is 140 billion, yet its stock price is less than half of Tesla's.
This is obviously abnormal.
Tesla has obviously taken advantage of the 'new energy' concept—everyone's buying into a hopeful future.
But the reality is, in 2019, Tesla's net profit was only 105 million USD.
Meanwhile, Toyota's net profit in 2019 was as high as 140 billion RMB.
Its stock price is less than half of Tesla's. From this, you can see just how much air there is in Tesla's valuation.
The team voted unanimously to reduce Tesla holdings first.
