Oct

5

Counting, from George Devaux

October 5, 2017 |

Market cap to annual unit sales

GM - $6,374

Ford - $7,384

VW - $8,276

Toyota - $11,864

Tesla - $1,158,741

At a market cap of $22,000 per unit sold, Tesla needs to sell 2.7 million units per year. Ain't gonna' happen!

Markets can remain irrational longer than you can remain solvent.


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