Tesla has risen 24% in the last five days and is now 2.5 times the value of Toyota while having 1/10 revenue. I get the growth story etc but at the current share price they would have to increase revenues to about 700B to make it the same valuation metrics. Assuming a car costs (say) on average US$50K, that is 14 million cars per year or about 20% of car production in the world. It would also make it the highest revenue company in the world by a fair margin and would have to steal huge revenues from other car companies who would obviously respond.
Madness.
- Forums
- ASX - General
- XJO, Gold, MOY and others
XJO, Gold, MOY and others, page-6167
-
- There are more pages in this discussion • 6,152 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)