Tesla's Enterprise Value Per Car Sold Smashes Its Peers

21 August 2018, 17: 33
© Bloomberg. Two Tesla Inc. Model S electric vehicles stand charging at a Supercharger station in Egerkingen, Switzerland, on Thursday, Aug. 16, 2018. Tesla chief executive officer Elon Musk has captivated the financial world by blurting out via Twitter his vision of transforming Tesla into a private company. Photographer: Stefan Wermuth/Bloomberg

With Tesla (NASDAQ:TSLA) Inc. mulling going private, here’s a sobering statistic. Its $61 billion enterprise value -- a proxy for the takeover value of a company -- makes it the seventh largest automaker in the world, but its value per vehicle sold last year came in at a whopping $591,336. That’s almost 13 times more than BMW AG. Tesla would need to sell 2.3 million cars per year (it has sold over 70,000 cars through the first two quarters of 2018) to drive its vehicles sold metric down to the median value of $27,267. Now you decide if that’s fair value.