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Breakingviews: Tesla's supercharged ambitions

Monday, June 03, 2013 - 02:46

June 3 - Hitting a market value of $43 bln by 2022 is one of CEO Elon Musk's key targets. Antony Currie and Richard Beales explain what he needs to do to get there.

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Has limits -- has its annual sales meeting tomorrow. Bit of a success story already making electric because from it starts up a few years back but the emissions -- much bigger movement. -- we've we've found this thing in the proxy some incentive plan for the founder Elon Musk. And let's when he went into the end of the emissions look. Pretty bit yeah achievement for instance as intense and guys that it cius is a pretty good -- -- -- guy. Gonna get a cup -- to be with 43 point three billion dollars she's about four times with -- now. And he's gonna hit ten separate operating metrics he gets this and so 10% jump over the next Islam as he. It's a list that it 43 billion -- so much that come come as we've gone up. Threefold that he would run. Again an event at them Friday at -- and try to -- -- almost three -- But up stakes and a great deal of optimism isn't he said biffle that I'm in a mosque he's gonna make this can be book one of fear of -- -- it was this -- is -- -- that the shareholders get to see what he does want what is wrong and it's. Tax and pretty easy thing that's available is we -- We've we've those little calculated it has to hit more than just the 43 billion but let's just take that. Figure it. If says it was going to be with what we've we've been in 20/20 two which is -- loves that didn't vote what does that mean. Well we sort of backtrack a careless government prosthetics Pulitzer seem tax rates of any else -- the -- we -- -- let's he's what we still lingering the company. That's assuming 15%. Multiple four -- fifteen times fifteen times to Clinton. Still very generous actually my stuck on his treatment ten times linemen so when what is looking pretty -- as a cable -- -- attacks for assisting the pretext not to think he's 12%. Which is pretty good for a cup -- -- -- that specializes -- more -- the military generous but. Yeah policy and I comes out and he's a self 540000. Costco also -- The east of the half the cars sold. Obama that cheaper ones he's going to be building which itself about 3540000 policies thinking let's have people complete with stuff and enable that you calculated that. It's a 500000 plus yeah. Now this is the selling 35 yeah so it is hugely out of citizen and a 35%. As the annual growth he needs to ten hits and sales which is. Would be impressive for that -- that time accident and then you go. Violence hasn't coast but in politics is that what BMWs. -- they sold last year -- -- so -- they'll be sent and will buy them at this as a huge ramp up for a company that. And went to first these top six is gonna find is running with the rights that. And BMW signal -- to get where it is now so that's a pretty. -- -- -- Okay we'll leave it that I gives you some idea of what has as a ambitions will be cumulative annual meeting tomorrow and we'll have more breaking news he has well.

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Breakingviews: Tesla's supercharged ambitions

Monday, June 03, 2013 - 02:46