Quote Originally Posted by Beagle View Post
Take a look at this video of how in 10 months a muddy field turned into a car factory already capable of producing 150,000 cars a year. China has already sold out until the end of March. He has reason for his Dad dance, the doubters are still denying that he has built anything.
The "Tesla Killers" have been coming for years. Jaguar IPace and Etron are already out and selling in small numbers relative to Tesla. Porshe has a nice car, but it is expensive and the range is a joke, Mercedes EQC sales so far are pathetic. Teslas mission statement supports other car manufactures building electric. Every electric car sold of any kind is a win for Tesla.
The shareprice seems stupid, but taking a 5 year view I can see how it can be justified. There are several new vehicles coming on stream. There is a solar division that may gain traction, plus energy storage and Tesla owns a chain of chargers.
Disclosure
I own less than one share and am not planning on buying more at this price.