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How can EEStor be valued at $1.5 billion?
How can EEStor be valued at $1.5 billion?
We've long given up on waiting for announcements from EEStor (and, to a lesser degree, their partner ZENN ) to come true. But, with the latest move by ZENN to drop their plans to launch the cityZENN high-speed electric car and will instead focus on becoming a supplier of ZENNergy Drive ...
Secretive Startup EEStor Worth More Than $1.5 Billion
Secretive Startup EEStor Worth More Than $1.5 Billion
wired.com — Secretive Startup EEStor Worth More Than $1.5 Billion (more) Secretive Startup EEStor Worth More Than $1.5 Billion
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Why the story mattersGreentech Media: All Content
Just stumbled upon this article in Wired with the blaring headline that EEStor is worth $1.5B! The writer starts with Zenn Motor's market cap of $169M today, points out they own 10.7% of EEStor, and that Zenn isn't going to be selling their own vehicles anymore, and VOILA! If you give zero value ...
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When Darryl Siry, former Chief Marketing Officer for electric car maker Tesla, calculated the “implied value” for secretive ultracapacitor maker EEStor at over $1.5 billion, based on the entirety of Zenn Motor’s market cap, he was being somewhat cheeky. But the reasoning ...
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