Re:Tesla (TSLA) surpasses BMW's valuation as one soars and t...
by rcMgD2BwE72F on Wednesday November 14, 2018 @09:12AM
(#18449921)
Elon Musk has said repeatedly that the energy side of the business will grow faster and exceed the size of its car business.
Many stockholders bet on this – given the multiyear advance over its competitors in both EV and battery production. They expect Tesla to combine the sales of a large car and truck manufacturer, but also of the equivalent of a global car dealer network, of an oil and gas company, a power distribution company, a roof manufacturer and installer, a P2P car renting company, an automated on-demand transportation & logistics company, etc.
Other car manufacturers only manufacture and sell cars.
Many stockholders bet on this – given the multiyear advance over its competitors in both EV and battery production. They expect Tesla to combine the sales of a large car and truck manufacturer, but also of the equivalent of a global car dealer network, of an oil and gas company, a power distribution company, a roof manufacturer and installer, a P2P car renting company, an automated on-demand transportation & logistics company, etc.
Other car manufacturers only manufacture and sell cars.
Apple didn't stop at the iPod, obviously.