> some of the existing automakers seem to still be covering their ears and singing Some, but the more common story is "traditional automaker pouring billions i

> some of the existing automakers seem to still be covering their ears and singing Some, but the more common story is "traditional automaker pouring billions into EV production to make up for lost time." > If Tesla starts suffering mortal market-share wounds, they will still be a compelling acquisition target More importantly they'd need to suffer mortal market cap wounds. At anything like current prices they're not only dreadful value, they're simply unaffordable. At the moment Tesla buying a large traditional automaker is more likely than the reverse (though maybe not likely in an absolute sense.)