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arvindamirtaa | 3 years ago

Like Teslas?

discuss

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oblio|3 years ago

Yeah, but then we run into another problem.

If Tesla truly wants to remain a luxury brand forever, its market cap should reflect that.

It shouldn't be the market cap of the next Toyota (car maker) and Panasonic (battery maker) combined and multiplied by 10.

spywaregorilla|3 years ago

I'm don't get why people care about market cap, but for what it's worth, tesla sits at about 2-3x those two companies combined. And panasonic is "just" a 20 billion dollar market cap company.

KptMarchewa|3 years ago

AFAIK, they eventually want to provide "Model 2" for about 60-70% of Model 3 price. They need to scale up their whole operations to be able to profit off of that.