4 ms·
Tesla is probably overvalued, but it's also not as simple as Tesla == cars. They're also one of the leading players in grid level battery storage (a market that
by leoedin 6y ago
Tesla is probably overvalued, but it's also not as simple as Tesla == cars. They're also one of the leading players in grid level battery storage (a market that will be huge soon). I don't think any other auto manufacturer is involved in that.
- mhh__ 6y agoTesla still has to sell something like 21x more cars to match Toyota for example who they dwarf in market cap. Tesla are putting their eggs into cars which are extremely hard, and batteries which will be a commodity long before Tesla can extract enough value.
- valuearb 6y agoProbably? They grew only 22% last year and trade at over 25 times SALES.