There is some chatter on the main thread about ARK's latest estimates going into Trillions and how this is not possible. I wanted to offer an alternative view point.
My $125T market cap 50x50x50 target that I have previously posted is made up of:
$50k per annum per fleet vehicle profit. Competition is the cost of 2 or 3 taxi drivers plus ICE depreciation (2 or 3 vehicles). I believe that TE profits will pay for all RT costs including adding to the fleet.
50m vehicles in Tesla's fleet which they own 100%. Folk have been talking about TSLA dividends. This is where the cash will go. You won't be able to buy the cars anymore. Good for the environment and therefore mission. Warren has also stated this.
50 P/E ratio. Amazon is 57 right now. Do I need to say more?
This works out as $125T which some folk believe is more money than the rest of the world combined. It is true that gross world product is only $80T. However I believe that the world wealth figure of $400T is what we should be comparing to as a potential TAM for share holders.
https://www.google.com/url?sa=t&rct...-2020-en.pdf&usg=AOvVaw2uB7smxwX7h1Rgez9bLspG
We are talking market cap here not sales or profits. Profits are 50 times smaller based on P/E ratio and margins are huge (sales will tend towards 3x profit -- maybe less). $400T could easily be $1000T by 2030 (1 quadrillion).
Based on this my profit is 50x50 = $2.5T. This is only 0.25% of total world wealth. They offer transport, energy, robots and likely homes. What else is there?
Don't make me include the Bot - $125T will only increase...
My $125T market cap 50x50x50 target that I have previously posted is made up of:
$50k per annum per fleet vehicle profit. Competition is the cost of 2 or 3 taxi drivers plus ICE depreciation (2 or 3 vehicles). I believe that TE profits will pay for all RT costs including adding to the fleet.
50m vehicles in Tesla's fleet which they own 100%. Folk have been talking about TSLA dividends. This is where the cash will go. You won't be able to buy the cars anymore. Good for the environment and therefore mission. Warren has also stated this.
50 P/E ratio. Amazon is 57 right now. Do I need to say more?
This works out as $125T which some folk believe is more money than the rest of the world combined. It is true that gross world product is only $80T. However I believe that the world wealth figure of $400T is what we should be comparing to as a potential TAM for share holders.
https://www.google.com/url?sa=t&rct...-2020-en.pdf&usg=AOvVaw2uB7smxwX7h1Rgez9bLspG
We are talking market cap here not sales or profits. Profits are 50 times smaller based on P/E ratio and margins are huge (sales will tend towards 3x profit -- maybe less). $400T could easily be $1000T by 2030 (1 quadrillion).
Based on this my profit is 50x50 = $2.5T. This is only 0.25% of total world wealth. They offer transport, energy, robots and likely homes. What else is there?
Don't make me include the Bot - $125T will only increase...