but it is only 20B considering that the future pipelines will be enormous. Look at FB, with a valuation of $100 Billion, with no product to boot, and the future is dim. TSLA is still very cheap in my very honest opinion. Also, remember that TSLA is BOTH a car and tech company, so arguments comparing it with other car companies are MOOT.
Would you like for Tesla to Trade at the same FORWARD PE multiple as Facebook, then it would be trading at 68. Would you like for it to trade at the forward PE multiple of AAPL (lets not eveb being in the cash), then it would be trading at 18. By the way, Facebook really does not have the competition Tesla Does and if you think Tesla is a Tech company, then Mercedes Benz has higher technology than Tesla even in Electric Cars.