https://finbox.com/NASDAQGS:TSLA/explorer/price_to_sales_fwd
Tesla's current price to forward sales is 16.9x , check the link above. I stand by my calculation of using 15x for Xos.
Tesla's price to sales ratio will eventually go down to 10x in five years, but that is not my scope. I am worried about the stock price this year.
Xos has currently 2000 units production capacity as stated by the presentation. I have used a conservative 1600 units approach. As per the price of vehicles, we can already see advertaised price for step up van at $125k. So there again I have rounded down to $100k keeping in mind volume rebates, and again being conservative...
I have not included revenue from services, such as charging stations, software subscriptions, and financing.
So really, I dont think I am cooking the numbers to paint a pretty picture. If anything, I am low balling the estimates.