How's that going to work out, exactly? Price today is based on sales 3-4 years out. in 3-4 years price will be more realistic for an auto manufacturer with high expenses and lower gross margins in the Gen-III. If they have drivetrain hum manufacturing issues with the lower-priced car, it could be catastrophic. The reversion to the mean should take pps down to below car cost - ie. valuation below $50,000 per car sold in 2017+. Right now, valuation is above $800,000 per car sold in 2014.
You can try to rationalize it any way you want but the bottom line is investors what profits. Tesla can do that with Gen III and pay out about 25% of their profits with Gen III sales. Every investor should know by now that evaluation means absolutely nothing. Zip.