The Extraordinary Valuation Of Tesla

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Over the past 12 months, Tesla’s share price has risen by 485%. While Toyota has a  a valuation of  0.6x annual revenues, Tesla has a valuation of 10x revenue. While Toyota sold  10.5 million cars in the 12 months to March 31st, Tesla sold 400k. In the last 12 months Tesla’s shares have risen from …

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