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Tesla Lost $700 Million Last Year, So Why Is Tesla’s Valuation $60 Billion?

Tesla Lost $700 Million Last Year, So Why Is Tesla’s Valuation $60 Billion?

Automobile manufacturers shipped 88 million cars …

Steve Blank Podcast

June 20, 20176m 19s

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Show Notes

Automobile manufacturers shipped 88 million cars in 2016. Tesla shipped 76,000. Yet Wall Street values Tesla higher than any other U.S. car manufacturer. What explains this more than 1,000 to 1 discrepancy in valuation? The future.

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