# Why is Tesla's market cap so high?

**URL:** <https://boards.straightdope.com/t/why-is-teslas-market-cap-so-high/1011594>\
**Category:** Great Debates\
**Created:** [December 13, 2024, 6:09am UTC](https://boards.straightdope.com/t/why-is-teslas-market-cap-so-high/1011594 "2024-12-13T06:09:38Z")\
**Posts on this page:** 1\
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**Author:** ![hajario](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/hajario/32/171_2.png) [@hajario](https://boards.straightdope.com/u/hajario)\
**Post date:** [October 15, 2026, 1:09pm UTC](https://boards.straightdope.com/t/why-is-teslas-market-cap-so-high/1011594/306 "2026-10-15T13:09:08Z")

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BYD has point to point driving only in China which is a huge distinction that you failed to mention. Again. It has to be intentional at this point. You can search for the multiple countries across multiple continents including China where Tesla’s point to point is approved. BYD is supposed to try for approval for their p2p in the EU next year though.

The number of units isn’t nearly as relevant as revenue, profit and margin and how much the State is propping up the company.

I’d honestly love it if BYD were allowed to compete here and especially to compare the two systems. They use lidar like Wayno. Tesla uses regular light cameras.

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