Eseandre Mordi
⬤ Tesla now faces sharp criticism after fresh figures revealed a profit chasm between the electric car producer and the other six members of the Magnificent Seven. During the past four quarters the firm earned just five billion dollars in net income, which plants it firmly at the foot of the table and far adrift from the rest. The numbers leave little room for argument - Tesla does not trail by a step - it competes in a different division.
⬤ Google leads with 124 billion dollars of net income. Apple follows with 112 billion, Microsoft records 105 billion, Nvidia 99 billion after a 57 percent surge from the previous year, Amazon 76 billion besides Meta 59 billion. Tesla's five billion dollars is not merely the smallest - it marks a 61 percent drop from the year before. The distance is not shrinking - it grows.
⬤ The striking fact is the scale of the deficit. The company's profit is several fold below that of any other member. Observers now ask whether Tesla still belongs to the same narrative as those cash rich technology leaders, especially while the others display robust or quickening profit momentum.
⬤ This earnings split reshapes opinion on where electric vehicles sit inside the mega cap tech universe. When investors weigh demand, margins and costs, Tesla's last place profit is impossible to overlook and may reset expectations for the firm and for the wider electric vehicle field.
Eseandre Mordi
