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Re: georgejjl post# 77446

Monday, 05/22/2023 3:39:54 PM

Monday, May 22, 2023 3:39:54 PM

Post# of 89484
If you rearrange the list by profitability, which is defined as Net Income/Gross Revenues, Tesla (14.95) is in second place to Mercedes.(16.41). BIG SURPRISE to me that MB is positioned to compete with Tesla's price cute). MB and Tesla are the ONLY two in double digits. The closest one among the rest is Stellantis, with a profitability ratio of 9.35. See
https://docs.google.com/spreadsheets/d/1oeu_heBYqnWocXRWQ6hRqM-hQJS87U8z4U5_4SZBFzw/edit#gid=0

Mind you, MB has not lowered their prices to compete with Tesla. For instance the MSRP of the EQS 450+ is $105,550, while the higher-ranked Model S goes for $88,490! See https://www.caranddriver.com/mercedes-benz/eqs
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