Right, but they have 11b in revenue. They claim to be operating today with a 27% margin on the model S, if an investor dropped the model 3 and focused on produc

Right, but they have 11b in revenue. They claim to be operating today with a 27% margin on the model S, if an investor dropped the model 3 and focused on producing just the S an investor would easily pay more then the 20b they have in outstanding dept to get that revenue. To claim that a company with that much revenue and that much equipment and investment is worth 0 is so far from being rational.