Tesla isn't just an auto manufacturer. It is also a distribution network, a direct dealer network, service network, and fueling station system. They aren't disp

Tesla isn't just an auto manufacturer. It is also a distribution network, a direct dealer network, service network, and fueling station system. They aren't displacing the market opportunity of just Toyota / VAG / etc. They are displacing the market opportunity of much more of the value chain. The Toyota engineer worried about jobs in the supply chain is just the tip of the ice berg. ICE cars are substantially more complex and require much more regular maintenance (all the way down to increased tire and brake wear). Incumbent auto makers not only have to worry about resistance to change upstream, they need to worry about downstream too. [I hold no equity short or long position on Tesla now, have not over the past few years, and do not plan to going forward. My personal investing is outside of public markets in general.]