> VW's position is its weakness, it has everything to lose and nothing to gain from the peak they've reached. I think that’s a very reasonable argument to make

> VW's position is its weakness, it has everything to lose and nothing to gain from the peak they've reached. I think that’s a very reasonable argument to make. However, Tesla is not even close to this peak VW might have reached, and is valued (roughly speaking) at 4x that. VW might lose its peak, Tesla never had it in the first place.