[Someone]

"It isn't an outrageous valuation compared to e.g. Amazon, but it is definitely based on the company achieving massive growth"

For reference, check out Renault (http://markets.ft.com/research/Markets/Tearsheets/Summary?s=...), Fiat (http://markets.ft.com/research/Markets/Tearsheets/Summary?s=...) or Peugeot (http://markets.ft.com/research/Markets/Tearsheets/Summary?s=...)

Market-cap wise, Tesla is approaching the size of Renault ($25B) and larger than Fiat and Peugeot combined ($13B)