Part 9/12:
Looking ahead, Toyota plans to produce 3.5 million EVs annually by 2030, a significant but comparatively conservative figure. Tesla, in contrast, is on track to produce around 20 million EVs—nearly six times more—by the same year. Yet, market capitalization tells a different story: despite Tesla’s higher production goals and superior profit margins, its market cap is only about four times that of Toyota.
This discrepancy prompts questions about valuation metrics and market perception. The speaker argues that Tesla's value is often dismissed as overinflated or overvalued, but in reality, Tesla operates on its unique evolutionary path—moving beyond conventional auto manufacturing into energy solutions, battery storage, and decentralized power grids.