4 ms·
A few facts: 1. Tesla was priced at $2.5b end of 2010. 2. Tesla started production that year of the model S, with nearly 500km range and 0-100 in 4.4 seconds,
by NoLinkToMe 6mo ago
A few facts:
1. Tesla was priced at $2.5b end of 2010.
2. Tesla started production that year of the model S, with nearly 500km range and 0-100 in 4.4 seconds, still competitive 16 years later. It was an obvious disruption of a proven market.
3. that car market was valued at half a trillion at the time.
So Tesla being valued at 0.5% of the market, with disruptive technology, seems fine. Of course it was a moonshot, but hindsight is 20/20.
But what is the total market here that it's stepping into? Seems like SpaceX is servicing the majority of the market for years, yet it just has 16 billion revenue. How that gets you to 1.75 trillion, I don't know.
- dh2022 6mo agoHumanoid robots and lots of memes (this post has only 50% sarcastic content)