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by tim333
2611 days ago
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It depends on how the company grows. The bull case is they grow exponentially taking share from incumbents because their technology is better. They sold very approx 40k cars in 2015, 100k in 2017 and talking 400k in 2019 and maybe 1.5m in 2021, 3m in 2023. (https://youtu.be/Y8dEYm8hzLo?t=252) I remember with Amazon they were growing fast but the conventional analysts were saying but they make zero profit and then after a bit they are the worlds most valuable public company and Bezos the richest person. If Tesla keep up the growth it shouldn't be too hard to get finance. Of course it remains to be seen if TSLA deliver the growth and self driving etc. |
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