Morgan Stanley: Tesla’s autonomous ride-sharing network is worth one-tenth of Waymo

Morgan Stanley has valued Tesla’s autonomous vehicle ride-sharing business, which does not yet exist, at $17.7 billion, about one-tenth of Waymo’s value, yet still above GM Cruise, the investment firm said in a research note published Tuesday. The $17.7 billion valuation, or about $95 per Tesla share, is notably lower than the $244 a share […] https://ift.tt/2CtxfIK Kirsten Korosec September 05, 2018 at 03:00AM