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Akio Toyoda rarely opens Tesla: he doesn't make anything real.
Since the beginning of this year, new energy vehicles have risen strongly and their share prices have continued to soar.

Tesla has already become the world's largest car company, with the latest market value as high as 407.5 billion US dollars, nearly 200 billion US dollars higher than the world's oldest car company Toyota, almost equivalent to the sum of the market values of Toyota, Audi, Daimler and GM.

Local time165438+1October 6th, Toyota (Akio? Toyota) rarely criticized its competitor Tesla in the earnings conference call, saying that although Tesla's market value is indeed quite high, "it has not made anything real."

Akio Toyoda vividly described the difference between Toyota and Tesla by comparing "running a restaurant". He pointed out that Tesla's business is a restaurant that is still promoting novel recipes, while Toyota is more like a restaurant that already has a large number of customers.

"Tesla believes that their recipes will become the standard in the future, but Toyota has a real kitchen and a real chef. They don't make real things, people just buy recipes. We have a kitchen and a chef, and we can make real food. " He added.

Akio Toyoda admitted that Tesla's current valuation does exceed the sum of the valuations of seven Japanese automakers, but he stressed that Toyota currently produces and sells many more cars and types than Tesla. Specifically, Tesla sold about 367,500 vehicles last year, accounting for only 3.4% of Toyota's 65,438+00,740 vehicles. Toyota's average annual sales volume is 6.5438+million, while Tesla only plans to produce 500,000 electric vehicles this year.

"In terms of stock price, we are suffering losses, but in terms of products, we have a complete menu for customers to choose from." He added. Among them, his "complete menu" should refer to the core businesses of companies such as internal combustion engines, pure battery electric vehicles and hybrid electric vehicles, while Tesla focuses on pure electric vehicles.

This article comes from car home, the author of the car manufacturer, and does not represent car home's position.