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I have been hearing similar arguments for a long time. It used to be "tesla has one tiny factory, just wait until Toyota converts it's many huge factories to el

• matwood 6y ago
  Important to realize it's not binary. TSLA can be a great company, remain viable for a long time, and also not have a $3T market cap in 4 years. TSLA isn't living in a vacuum, and competitors are catching up. Unfortunately/fortunately for a lot of innovators, the first one to market is not always able to corner the entire market forever. Additionally, their current market cap is a gift and a curse. It's great they were able to raise more money using their value, but it also draws huge attention from current and possible competitors who let TSLA figure the EV market out. Now competitors can use their respective skillsets to compete where TSLA is weak. This is all to say that competition heating up and will dampen TSLA's potential valuation. It doesn't mean TSLA is going out of business anytime soon.
  • bob33212 6y ago
    It is binary. Does your company exist to accelerate the transition to sustainable energy and transportation or do you have another mission like "delivering shareholder value"?