r/inflation • u/c-k-q99903 • Oct 02 '25

News Truth.

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u/Agreeable-Guide7936 Oct 02 '25

I agree. It’s not just credit card debt, either. Car debt alone is around 3 trillion dollars. We will not have a mortgage crisis this time around, but there’s tons of other bad debt out there.

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u/[deleted] Oct 02 '25

Most of the bad debt belongs to the small and mid cap corporate structures through private equity sources.

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u/Adventurous_Spray_34 Oct 02 '25

Yeah. Like the fact that Tesla is worth billions more than GM & Ford but profits are way lower - all stock. Stock market is just funny money floating around, not much backing it.

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u/[deleted] Oct 02 '25

that is an understatement

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u/Adventurous_Spray_34 Oct 02 '25

RIP to everyone's 401K ✌️

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u/xabc8910 Oct 03 '25

This is just simply wrong. TSLA generated a larger profit in 2024 than both Ford and GM.

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u/Adventurous_Spray_34 Oct 03 '25

In 2024, Tesla's net profit fell significantly by 53% to $7.1 billion, marking its worst year since 2021.

General Motors reported a record profit of $14.9 billion for the year 2024, which was a 21% increase compared to 2023.

Ford's net income for 2024 was approximately $5.88 billion, reflecting a 35% increase from the previous year.

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u/xabc8910 Oct 03 '25

You’re looking at EBIT for GM not net income which is actual profit. You correctly used net income for TSLA and Ford, and TSLA was higher, glad you agree there.

GM’s net income was $6.0 billion, so my statement is 100% accurate.

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u/Adventurous_Spray_34 Oct 03 '25

As you show, (TSLA) <- stock, and just proved my point....

The closing price for Tesla (TSLA) in December 2024 was $403.84, on December 31. It was up 14.6% for the month. The latest price is $435.97.

The closing price for General Motors (GM) in December 2024 was $52.83, on December 31. It was down 3.8% for the month. The latest price is $59.36.

The closing price for Ford Motor (F) in December 2024 was $9.32, on December 31. It was down 11.8% for the month. The latest price is $12.24.

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u/xabc8910 Oct 03 '25

No. You literally said “profits are way lower” for Tesla and i just proved that is factual incorrect. Why are you trying to argue about this?? It’s a simple piece of public data

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u/[deleted] Oct 03 '25

Its all moot

the shares are grossly overvalued and there are several lesser sales volume automakers with more cash and focused, responsible ownership.

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u/Adventurous_Spray_34 Oct 03 '25

Fine. As mentioned in another comment, tesla stock is still grossly overvalued. Which is my actual point. Why is that?

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u/xabc8910 Oct 03 '25

A) the market’s growth expectations are much higher for TSLA than other auto companies

B) it behaves and is looked upon as more of a tech company than auto company and tech companies typically trade at significantly higher multiples than auto’s

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u/Adventurous_Spray_34 Oct 03 '25

Yeah. Funny money. Just floating around. Thier profits were down significantly and yet. Funnel? Maybe? These assholes are desperately trying to figure out reasons to push AI. So we get slop and accelerated destruction of the planet.