Forget about TSLA's market cap for a second and look at their actual manufacturing quality, where defect rates are higher than almost all other automakers: htt

Forget about TSLA's market cap for a second and look at their actual manufacturing quality, where defect rates are higher than almost all other automakers: https://www.cnbc.com/2020/06/24/tesla-lags-auto-industry-in-quality-finds-new-jd-power-study.html https://www.cnbc.com/2020/06/24/tesla-lags-auto-industry-in-... https://www.forbes.com/sites/edgarsten/2020/11/19/tesla-reliability-sinks-in-consumer-reports-annual-survey/?sh=28015bed5fbb https://www.forbes.com/sites/edgarsten/2020/11/19/tesla-reli... While I appreciate that it's exceptionally difficult to build an automobile manufacturing and supply chain from scratch, let's not pretend they've somehow overtaken conventional auto companies and that's why their stock price is high. Given the disproportionate share price when considering comparable EV sales, I'd say TSLA market cap is a function of the MDF - the Musk Distortion Field - rather than actual tangibles. That's not to say the two are completely disconnected. The MDF explains why TSLA doesn't spend a cent on advertising, which obviously boosts margins.