Sawyer Merritt
@SawyerMerritt · Apr 24, 2022
Tesla extracts INSANE amounts of innovation per R&D dollar spent. Here's what some big auto companies spent on R&D in 2021 vs $TSLA:
• VW: $16.9B
• Toyota: $8.5B
• Mercedes: $8.3B
• GM: $7.9B
• Ford: $7.6B
• Honda: $6B
• Tesla: $2.6B
Source: Statista
@elonmusk
Elon Musk
@elonmusk
Strange how these things are bucketed. I think of the whole company as being R&D.
08:50 PM · April 24, 2022 · 0 views
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