> My very argument is that they are not competing at the moment. And my argument is that that's by choice rather than by inability. Also there is a large amou

> My very argument is that they are not competing at the moment. And my argument is that that's by choice rather than by inability. Also there is a large amount of overlap between mass producing electric cars and mass producing combustion cars. Finally, there is no question that Tesla has the potential to be a competitive car manufacturer. Let's say they are super successful and gain a market-share comparable to BMW. I'd say that's a top end scenario for Tesla. It has a good Brand but so do its competitors. But Tesla is valued at the same level as BMW _right now_. I just don't see that. There certainly is downside risk, but I just really fail to see the upside potential. What should enable Tesla to grab a larger market share than BMW? Or Audi? Or Toyota? Nevermind the Chinese battery manufacturers that might want to push into the low end of the EV market.