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0 pointsbratwurst30001mo ago0 comments

vw has over 300 billion revenue and way more profit then tesla. still not worth 1/10 of it.

5 billion sounds good for tesla

0 comments

VW is carrying $221B in debt and just closed their main plant in Germany because BYD is eating them alive.

VW just closed a very small plant (165k cars in 24 years) in Germany, the one in Dresden. The largest ones are probably Wolfsburg and Emden, these are running. VW is in trouble, not in terminal decline.

17186274401mo ago

And that plant was also more designed for prestige, i.e. if the costumer wants to see its car built on a carpet.

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