The Value of Tesla Company is the Total of Other Auto Manufacturers

Tesla's value is worth the sum of other automobile manufacturers
The Value of Tesla Company is the Total of Other Auto Manufacturers

The world's largest automotive manufacturer Toyota produces 19 times more vehicles than Tesla, the new generation electric vehicle manufacturer. Tesla's value, which produces only 1/19th of Toyota's, exceeded the 100 trillion dollar threshold with a block order of 1 thousand units received from the US car rental giant Hertz last week. What is striking is that Tesla has become more valuable than the total of the 11 largest automotive companies in the world. While the market value of the leading automobile companies is only between 0,5 and 0,8 of their turnover, Tesla's value is more than 32 times its turnover.

The Value of Tesla Company is the Total of Other Automobile Manufacturers

Explaining that Tesla no longer defines itself as an "automotive company" but a "high technology company", Tırport Chairman of the Board Dr. Akin Arslan said:

“Tesla promises people different experiences. With its smart vehicles, battery and charging technologies, new generation fully automatic production systems, and soon with its shared vehicles, it is signing a brand new revolution. Especially winking at the shared car market, Hertz seems to take the initiative in the shared car market with electric and smart Tesla cars.” said. Tirport President Dr. Akın Arslan talked about the transformation in the sectors and the developments in technology.

Shared car market is coming

The 1908-year mass production and popularization history of the automobile, which started mass production with Ford's T model in 113, enters a brand new era with this decision of Hertz. The concept of vehicle ownership, which is a part of American culture, is getting ready to transform. Instead of owning a car, most of the people will prefer to reach the car when and where they need it. Maybe when you request a vehicle, the vehicle will come to its location and wait for it. This unexpected decision of Hertz seems to cause all leasing companies in the sector and critical manufacturers that dominate the market to completely review their strategies. The return to the electric car seems to be much faster.

2020% of cars sold in Norway in 74,8 are electric

In 2020, 74,8% of new cars sold in Norway, 52,4% in Ireland, 32,3% in Sweden and 25% in the Netherlands are electric cars. Taxi platforms such as UBER, technology pioneers such as Amazon, Google, Alibaba, Tencent and even traditional automakers such as Toyota, Ford, BMW, Mercedes will begin to focus on shared vehicle networks.

The new generation electric cars, which have much fewer parts than a classic diesel or gasoline car, will not make the dealers' services as much as they used to. Intervention in services will become very limited. Most of the updates will be followed intelligently from cloud environments. Just as LCD TV repairers do not have a lot of work today, it will not fall on car services in the future. Even when the vehicle crashes, personalized parts will be produced with 3D printers and attached to the vehicles. We can say that even the body shop profession will vanish into history.

Turnover no longer determines the value of technology companies

Walmart has the largest turnover in the world, with over a million employees. While Walmart's turnover runs to 2021 billion dollars at the end of 600 with the effect of the Pandemic, its market value cannot reach 500 billion dollars. Classic hypermarkets are leaving their places to the new generation market places led by Amazon. Netflix is ​​radically renewing the TV and Cinema industry. New generation communication platforms led by Zoom are moving business environments to environments where distant collaboration can be achieved. Very soon, the employees of different companies in the same office will start working normal hours, it has already started.

Going to the market and shopping is nostalgic?

Giants of the retail world, such as Walmart, Aldi, Costco, Tesco, Carrefour, which has grown by investing billions of dollars, and market chains such as BİM, A101, Şok, Migros, which have reached tens of thousands of branches in Turkey, are on the eve of a very strategic transformation decision. Continue to grow in this way or start a new era with “DarkStores” by structuring in accordance with customer data and consumer behavior?

Turkish startup Getir has made its mark in Europe with the concept of "ultrafast delivery" in the fast-moving consumption world with such a devastating effect that the rules of the game in the market are being rewritten. Conventional competitors are trying to take a position. Getir managed to receive an investment of 15 billion dollars without valuation, at a level of at least 20-7,5 times its turnover. It looks like it will get bigger.

Full Truck Alliance (FTA), which has become China's largest logistics platform and transportation marketplace with a valuation of 30 billion dollars, hosts over 10 million truckers and manages over 40 thousand FTL/LTL transportation per day. Big capital groups such as Softbank, Alibaba and Tencent are investors in the venture, which announced a profit of $26 million last year for the first time in its history.

Turkey's largest logistics company has only 0,7% market share in the market

In Turkey, which has Europe's largest road freight traffic, an average of 450 thousand FTL (Full Truck Load) transportation is made per day. The traffic, which is up to 600 thousand transports per day at the beginning of the week, regresses to 200 thousand at the weekend. In Turkey, more than 8 thousand large and small logistics/transportation companies carry out transportation. Home to 880 thousand trucks with a capacity of 16 tons and above, 85-90% of the trucks on the roads belong to individuals. 1,2 million families in Turkey earn their living directly from trucks.

Tırport will manage more than 2025 thousand FTL transports per day in 30

Tirport

The biggest logistics company operating in Turkey has a market share of only 0,7% in the Turkish market. The total of the 11 largest logistics companies in Turkey can only get a 5% share in the market. As of the end of the third quarter of 2021, Tırport started to control over 3.500 FTL transports in Turkey and became one of the few logistics technologies in Europe, aiming to reach a 3% market share in the market within 7 years and manage more than 30 thousand FTL transports per day. Tırport, who still manages this huge operation with a team of approximately 60 people, thinks that he can manage more than 30 thousand transports per day with a team of only 400 people.

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