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  • Volkswagen is copying Tesla in more ways than one.

  • 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.

  • Analysts at U.

  • 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.

  • Mm.

  • Mhm.

Volkswagen is copying Tesla in more ways than one.

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Breakingviews TV: VW apes Tesla

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    林宜悉 posted on 2021/03/12
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