Subtitles section Play video Print subtitles 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.
B1 volkswagen tesla software downloads battery multiple Breakingviews TV: VW apes Tesla 6 3 林宜悉 posted on 2021/03/12 More Share Save Report Video vocabulary