Tesla Makes 5x More Per Car Than Toyota And Twice As Much As GM And Ford Combined | Carscoops carscoops
GM put together. Tesla recorded a $12.6 billion profit in 2022, compared with $9.9 billion for GM, and a $2 billion loss for the Blue Oval.
That’s a pretty crazy achievement for a company that’s not even active in some major sectors of the car market. It doesn’t sell combustion or hybrid cars, has no subcompact or midsize sedans or SUVs, andAnd Tesla scored a bigger profit than GM or Ford while actually registering a far lower revenue figure. Tesla’s revenue for 2022 was $81.5 billion, while GM brought in $157 billion, and Ford, $158.1 billion.
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