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STRANGE TIMES
CEO David Trainer says Tesla selling 10.9 million cars in 2030 would imply 42% market share
Which means he expects global auto sales to shrink to 26 million from ~100 million
Trainer could be the most dangerous analyst on Wall Street https://www.cnbc.com/2020/09/06/tesla-could-be-the-most-dangerous-stock-on-wall-street-investment-researcher-says.html
CEO David Trainer says Tesla selling 10.9 million cars in 2030 would imply 42% market share
Which means he expects global auto sales to shrink to 26 million from ~100 million
Trainer could be the most dangerous analyst on Wall Street https://www.cnbc.com/2020/09/06/tesla-could-be-the-most-dangerous-stock-on-wall-street-investment-researcher-says.html
Here is a more realistic view of the Natural Demand and potential BEV supply for Automobiles globally
And if we allow Tesla 20% Global Market Share, which would be down from 28.2% currently and 22.5% in 2019 . . .
. . . then we could start with a Base Case valuation that looks something like this
- just based on the simple Automobiles Business
Current Market Cap is about $390 billion
- just based on the simple Automobiles Business
Current Market Cap is about $390 billion
