Chart Of The Day: Musk Versus The Market Edition

Edward Niedermeyer
by Edward Niedermeyer

Oh, one other thing, I think its maybe helpful to say what has been my track record in value creation – these are four of the companies Ive been associated with – its worth noting that every financing round in every company has been an up round, doesn’t matter if the market has gone up or the market has gone down, the squiggly line is the market, and the valuations are as you can see somewhat market independent, and I expect that to be the same for Tesla, or to continue to be the same with Tesla

Tesla CEO Elon Musk, in his IPO presentation [via Darryl Siry]. This, apparently, is the answer to the question how does a company that’s sold just over 1,000 cars think it’s going to become an industry player?

Good to know.

Edward Niedermeyer
Edward Niedermeyer

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