Volkswagen Group 2024 deliveries: 9.03 million, down 2.3%

$TSLA 2024 deliveries: 1.79 million, down 1.1%

VW market cap: $48 billion
$TSLA market cap: $1.4 trillion

Approx. VW PE ratio: 4
Approx. $TSLA PE ratio: 165

We remain long $VWAPY/ $VOW3 and short $TSLA