Tesla stock price is high, but compared to the other car manufacturers they look quite good: - Tesla increased their revenue in a year where Toyota and VW saw

Tesla stock price is high, but compared to the other car manufacturers they look quite good: - Tesla increased their revenue in a year where Toyota and VW saw a significant decline in their revenue. - Tesla can produce 1M electric cars at the end of this year. - Ford, BMW, MBZ, GM, and Fiat are not going to produce any meaningful number of electric cars this year. - Japanese car manufacturers are completely missing (They have great hybrid models, but not pure BEVs). - The only serious competition is the Chinese manufacturers, VW and Hyundai / Kia. VW will have to deal with the cannibalization of their own business by BEVs. Same with Hyundai / Kia. - Tesla is taking business not only from auto manufacturers, but also from dealerships, gas stations, and insurance (this is a very small part, but it will increase). - Most of the Tesla killers failed to make a significant dent. I don't expect 2021 to be the year of the Tesla killer, although there is a slight possibility that ID.3 and ID.4 will sell enough to endanger Tesla.