Edison Motors Share Price Overview

Apr 13, 2025

Edison Motors Valuation and Share Price Analysis

Introduction

  • Share Price: $40 USD ($55 CAD)
  • Valuation: $200 million USD
  • Number of Shares: 5 million

Why $40 a Share?

  • Comparison with Other Companies: Many have more shares, affecting share price.
  • Valuation Calculation: Market cap divided by shares gives share price.

Determining Valuation

  • Challenges of Pre-Revenue Companies: Difficult due to lack of sales data.
  • Potential and Risk Assessment: Focus on future potential and risks.
  • Comparison with Similar Companies: Analyze companies at similar growth stages.

Competitor Analysis

Nikola Motors

  • 2018: Demonstrated truck rolling down a hill, valued at $1.1 billion.
  • 2020: Fraud revealed, yet valued at $10 billion.
  • 2023: Unveiled hydrogen prototype, valued at $2.1 billion.

Lion Electric (LE)

  • 2020: Valued between $700 million and $1 billion.
  • Focusing on school buses and smaller electric vehicles.
  • Similar stage as Edison Motors but with different product promises.

Exos

  • 2020: Raised $20 million to increase production.
  • Currently, market cap is $22.5 billion.

Atlas

  • 2021: Revealed first prototype, valued at $950 million.

APPA

  • Valuation at $1 billion, about 5x Edison Motors.

Hen

  • 2020: Valued at $3.8 billion, eventually went down to $150 million.

Industry Valuations

  • Established Players: Kenworth and Peterbilt (PACCAR) valued at $54 billion.
  • Comparison with General Motors and Ford: PACCAR's valuation similar to GM, higher than Ford.
  • Profit Margins: Higher margins for truck manufacturers compared to car manufacturers.

Edison Motors' Approach

  • Realistic Valuation: Aimed at $200 million, lower than competitors.
  • Conservative Production Timeline: Focus on a slower, more controlled growth.
  • Investor Response: Positive reception to realistic valuations and expectations.

Conclusion

  • Pre-Revenue Valuation: Not an exact science, but based on industry comparisons.
  • Community Support: Edison Motors backed by fan investments, not venture capital.

Acknowledgments

  • Thanks to investors and supporters who believed in Edison Motors from the start.