Name: Breakingviews TV: VW apes Tesla
Uploaded: 2021-03-12T22:10:26.000Z
Duration: 1 min 41 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

Volkswagen is copying Tesla in more ways than one.

Adverbs of manner

The Germans boss her body's recently took to tweeting about his share price.

Like Elon Musk has also promised attack transformation from cars to downloads, with more details expected at a so called Power Day next Monday.

It's self a copy of Tesla's Battery Day last year.

This is good reason to try and replicate mosque.

Volkswagen shares traded a mere nine times forward earnings, a fraction of Tesla's multiple.

To get that higher, he needs to move from making low margin gas guzzlers to selling lucrative driver downloads in electric cars.

B s reckon sales of software such as assisted driving programs could generate $81 billion in industry operating profit by 2025.

Assume these can get 16% of that market, in line with Volkswagen's estimated share of battery vehicles the same year.

Putting its software business on a 17 times multiple the same as German software provider S A P implies Volkswagen's tech sales alone might be worth $222 billion.

That's nearly three quarters higher than the Gulf makers current market like there.

True, Volkswagen is already well behind digital pacesetter Tesla.

In that regard that Denise knows that second place is well worth chasing.

Subtitles ListPlay Video

Breakingviews TV: VW apes Tesla

assume

multiple

expect

current