>> VW will have to deal with the cannibalization of their own business Great point. Tesla revenue will grow substantially, VW et al will maintain sales, except

>> VW will have to deal with the cannibalization of their own business Great point. Tesla revenue will grow substantially, VW et al will maintain sales, except for the portion of their sales lost to Tesla. Also, it's a major capital investment for VW that they otherwise wouldn't have to make. This is one of several reasons why it's not meaningful to compare their stock prices.