Toyota Motor Corp. is the world’s largest automaker in terms of the number of cars but pureplay electric vehicle maker Tesla Inc. is way ahead of the legacy automaker in terms of profit generated per vehicle sold. What Happened: Tesla’s GAAP net income for the September quarter was $3.29 billion compared to the 434.26-billion-yen ($3.15 billion) profit Toyota made for the same period, an analysis by Nikkei showed. The JPY-USD conversion is based on the 138 yen per dollar value that prevailed at the time Toyota released its quarterly results. Follow benzinga Tesla sold 343,830 cars in the third quarter compared to Toyota’s 2.62 million, with the Japanese automaker outselling Tesla by 7.62 times. However, the U.S. EV giant tops Toyota when profit per vehicle is taken into account. Profit made per vehicle in the third quarter was at $9,569 for Tesla compared to $1,202 for Toyota. Tesla, thus, makes about eight times more profit on a car than Toyota. Tesla’s leadership in market capital...