And yet today BWM's marketcap is about $70bn (~53bn Euros) vs Tesla's $690bn.
Is there really 10x the potential?
Edit: My formulation is confusing. I meant whether folks really think that Tesla will eventually have 10x BMW's revenue.
Edit: My formulation is confusing. I meant whether folks really think that Tesla will eventually have 10x BMW's revenue.
My personal opinion is that TSLA has only one direction to go for a while. Down. Nothing about the business supports the market optimism. Not that I'm going to run out and short the stock, mind you, that old adage about how long the market can stay irrational seems very on point in this case.