I happen to agree, and I think you're correct about the rest of the world's auto makers.  Tesla just happened to be the one that kicked off the electric car craze.  If indeed the world starts moving toward electric vehicles, you'd better believe Ford, Honda, Toyota, Mercedes, and all the other car manufacturers will begin producing very fine e-vehicles, and Tesla will be just one among many.

I haven't looked at Tesla's market cap--is it really greater than all the other auto makers combined?  I find that hard to believe, but if it's true, it's absolutely absurd.  The short sellers are going to get rich, no doubt, but it's just a question of timing.  Who knows when Tesla stock will drop to a proper valuation.  Right now the stock market seems to be in a period of irrationality, and such periods can last quite some time.