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Rowkins Capital News

The $1.25million Tesla Car and the $6,000 Apple iPhone

If we look at the value of TESLA [TSLA] per car shipped last year, we find that the market cap of Tesla is $1.25m per car !!! Now we know that Tesla is a Tech company and not a car company ant that is why it trades at a lofty p/e of 1,250. But how does Tesla compare to that poster child of Tech perfection, i.e. APPLE ? Apple ships around 160 million iPhones a year. Apple’s revenues are about…