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Saturday, February 23, 2013

Tesla: 100% Market Share in Silicon Valley - TheStreet

Tesla: 100% Market Share in Silicon Valley - TheStreet: "There are over 300 million people in this country, and there are over 15 million cars sold per year in the U.S. Even at 15,000 cars per year, Tesla would constitute only 0.1% of the U.S. new car market. Obviously, an even smaller percentage of the cumulative stock of cars on the roads.

Here's the thing, though: This is still very early days for Tesla. It's like judging the prospects of the iPhone based on how many people bought the iPhone on that first day in June 2007."
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