>If Tesla owned the entire auto market globally in five years, it wouldn't be worth half that $4.3t forecast. That's every car, truck and big rig sold everywher

>If Tesla owned the entire auto market globally in five years, it wouldn't be worth half that $4.3t forecast. That's every car, truck and big rig sold everywhere on earth. Add up the value of all other automakers, now or five years ago, or ten years ago. The fantasy projection dissolves instantly when you shine light on it. It'll be a small miracle if Tesla is able to maintain their present valuation while pushing earnings up to $20b in five years, that will require extraordinary market-conquering continued growth across all product lines. They have to become akin to another Toyota in five years just to do that. Do you realize that Tesla might not sell cars but rides in the medium term? And if their fleet drives more than 2% of the time (current usage of privately owned cars), they'll generate many, many time the profit the industry have been getting from car sales? And I'm not talking about energy generation, grid services and charging (the oil and gas of the auto industry)...