Tesla Lost $700 Million Last Year, So Why Is Tesla’s Valuation $60 Billion? — Steve Blank

Tesla Lost $700 Million Last Year, So Why Is Tesla’s Valuation $60 Billion? — Steve Blank

Automobile manufacturers shipped 88 million cars in 2016. Tesla shipped 76,000. Yet Wall Street values Tesla higher than any other U.S. car manufacturer. What explains this more than 1,000 to 1 discrepancy in valuation? The future. — Too many people compare Tesla to what already exists and that’s a mistake. Tesla is not another car […]

via Tesla Lost $700 Million Last Year, So Why Is Tesla’s Valuation $60 Billion? — Steve Blank

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