Siry,
Agreed that we can't really compare Tesla with Apple on valuation at the moment. Apple looks good but it doesn't have exponential revenue growth in the forecast, it could still grow, but it should grow at a much lower pace from now on (at least, that's the general sentiment) I believe that it is the reason why Apple's multiples are back to a more normal level. Tesla multiples are currently very high at around 17. That's a pretty good number
This high number is based in part of revenue expectations. I they book 3B in revenue in 2013, I doubt the ratio will go down do 1. I believe the ratio could go down to 10 by next year but if revenue is 3B, market cap should be $30B, so at around $300/share.
Of course the current number won't hold and it may be lower than 10, who knows. The market will decide.
But Elon and his gang know how to create hype, they proved-it many times. It's not a coincidence they are shipping performance and signature version first, it will be in all media big headline "300 miles - 4.4s all electric". They using the apple playbook page by page.
If you look at the photo of the battery pack, you could almost say it look like a big Iphone on 4 weels. Well, that's what it is!
I have very high hopes and confidence for this company and his CEO, if you look back, they always do what they say, paper trail is abundant. Why would it be different this time?
Cheers! And i'm not selling my shares anytime soon