Legacy automakers like General Motors and Ford have dominated much of the auto industry for decades. However, with electric vehicles gaining traction, Tesla could be poised to overtake the companies in a few short years — if it can continue growing rapidly each year as it has been.
To be sure, Tesla’s first-quarter sales represented a growth of 87 percent year over year. By comparison, GM’s Q1 sales marked an 11 percent surge year over year, while Ford’s dropped around 11 percent. Just two years ago, in Q1 2020, Tesla only generated $5.1 billion in revenue, showing just how much the automaker has grown in the past few years.
If there’s any single factor likely to help Tesla reach the milestone, it’s the expansion of its Gigafactory system. With new Gigafactories in Germany and the U.S., Tesla is well-poised to continue to expand its production output capacity as it ramps up production.Additionally, it should only be a matter of time before Tesla doubles capacity from its current 1.
Don't know. Teska everything or just Tesla automotive.
No
Tesla will surpassed GM and Ford in 2023 per quarter in Revenue and also Tesla will have a combined revenue of GM and Ford per quarter in 2024
Yes
Not if Musk continues alienating its customer base.
Will they have enough battery metals?
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