undefined | Better HN

0 pointsmcguire8y ago0 comments

           Market Cap  Revenue  Price/Sales
    Toyota $201B       $266B    0.76
    VLKAY    91B        269B    0.34
    Tesla    61B         12B    4.93
    GM       60B        144B    0.41
    Honda    56B        139B    0.40
    Ford     47B        160B    0.30

Tesla is priced like it already is Toyota or GM.

Market Cap Revenue Price/Sales Toyota $201B $266B 0.76 VLKAY 91B 269B 0.34 Tesla 61B 12B 4.93 GM 60B 144B 0.41 Honda 56B 139B 0.40 Ford 47B 160B 0.30

0 comments

10 comments · 2 top-level

greenyoda8y ago· 8 in thread

Also, once the electric car market becomes big enough for the major manufacturers to care about, Tesla will be competing with Toyota, GM, etc. for market share. When people can buy electric vehicles from Toyota or Honda, which have an established reputation for reliability and have dealerships (with repair facilities) everywhere, making sales might get much harder for Tesla. Being able to succeed in a market driven by enthusiastic early adopters does not guarantee being able to succeed in an mature market.

derekp78y ago

Not only that, but traditional car companies are already producing vehicles that a lot of people want (as far as style of vehicle, etc). Many of them have their own fan base. For example, imagine if Ford delivers a plugin-hybrid Mustang (they're already planning a hybrid Mustang with high performance for 2020, but if they do a plugin hybrid with 60 - 100 miles EV range I'm there in an instant).

52-6F-628y ago

Funny part is that, as far as I can tell, that would be a mission accomplished for Musk one way or the other. I mean I’m sure he’d prefer Tesla to be the long term leader there, but if it just turned out that everyone else made affordable electric cars then that would work, too.

sgnelson8y ago

Not so great for the stock holders though...

1 more reply

madamelic8y ago

>Being able to succeed in a market driven by enthusiastic early adopters does not guarantee being able to succeed in an mature market.

Which do I want more:

The sleek, sexy, self-driving electric sports car

An ugly, unappealing shaped car that people make fun of.

Hmmmmm...

mcguireOP8y ago

"An ugly, unappealing shaped car that people make fun of."

Teslas aren't that bad.