Hacker News new | ask | show | jobs
by optimiz3 1950 days ago
Why will TSLA be 10% of its size? Why can't it 2x and be worth an Amazon?
2 comments

Because Amazon has 1.2 million employees, $386.1 billion yearly revenue, and $20 billion yearly net income. Tesla has yearly revenue of $31.5 billion and net income of $721 million. Presumably people think that Tesla is priced for explosive growth, but Amazon has also been on a growth tear that shows no sign of stopping, so the basic premise that Tesla at less than 1/10th the revenue and 1/20th the net income is worth half as much as Amazon seems fishy.
The bull case is Tesla goes 0.8% of global car sales to 20% or some such. Which is not impossible.
People just throwing numbers. In the very long term, everything will go back to 0. Thus, not putting a timeline for your predictions is useless.