The fact TSLA is valued more then all the auto manufactures combined is absurd. You're naive to think big auto is just going to sit on the sidelines. Big auto has the infrastructure and production lines to mass produce fully electric vehicles for a fraction of the cost of a TSLA, something TSLA will never be able do. Ford is already leading the charge with the F-150 Lightning and converting old factories into fully electric vehicle production plants. TSLA is just as overhyped as Elon Musk.
We already know that.Tesla is profitable only because of the regulatory credits.
I wonder how the Tesla stocks increased their price more than 10 times for 3 years.This must have been some sort of market manipulation.Bitcoin isn't the only financial asset with a manipulated price,I guess.
I think that the only competitive advantage of Tesla aren't the electric cars,but the Li-ion batteries.
I also think that not only Tesla,but electric cars in general are over hyped.