Re:Tesla Passes Ford by Market Value
by sillysaurus3 on Monday April 03, 2017 @12:43PM
(#14024375)
If batteries reduce the demand for oil, oil's value will start to transfer to batteries.
> If batteries reduce the demand for oil
That's a big IF.
Also, it ignores the fact that every car manufacturer already has a plethora of fully electric, or hybrid models available (and they are, on average, far cheaper than the cheapest base model Tesla can offer), and the markets still don't buy them.
This also ignores the fact that many companies make great batteries, and Tesla is only recently sitting down to that table. Why wouldn't Panasonic be that "trillion dollar" company? Or Sony? Or Fujitsu?
Re:Tesla Passes Ford by Market Value
by erikpukinskis on Monday April 03, 2017 @02:52PM
(#14025881)
Put a probability on the IF and multiply it by the revenue of the oil companies and you've got a valuation for Tesla.
A trillion dollars? For a niche/luxury car company? What fantasy is that based on?
> it's biggest current hurdle is getting it's production up to meet an enormous demand
While enormous to Tesla, actual demand is pretty small compared to other car companies.
It doesn't help that even the most "affordable" Tesla is far more expensive than the average competitor's EV or hybrid vehicle[1][2], let alone it's base price (not final sale price) starts off above the average new car purchase price (final sale, after upgrades, etc) for the entire industry[3].
There's a lot of hype around Tesla, but that doesn't mean they're going to take over the auto industry, let alone become larger than the largest auto makers around who produce "Everyday Joe" cars for the rest of the population.
[1] http://evobsession.com/10-best-electric-cars/
[2] http://www.caranddriver.com/best-hybrid-electric-cars
[3] http://mediaroom.kbb.com/new-car-transaction-prices-up-2-per...