> Tesla, the stock, is currently priced as if it will never face competition. You're not in the know, I take it. > The fact is that the market will soon be fl

> Tesla, the stock, is currently priced as if it will never face competition. You're not in the know, I take it. > The fact is that the market will soon be flooded with excellent electric cars from Toyota, Mercedes, BMW and more. Haha - let's see: Toyota "aims to achieve global sales of 3.5 million battery EVs per year by 2030" [1]. Mercedes plans to sell >20% battery EVs (BEVs) by 2030. That's 400K vehicles a year [2]. BMW plans to deliver ~2 million BEVs by 2025 [3]. Tesla delivered short of 1 million cars in 2021. It delivered 100% more cars compared to 2020 during a global chip shortage. It expects to, at minimum, increase production and deliveries by 50% in 2022, ONLY from existing Fremont and Giga Shanghai. It has two brand new Giga factories in Austen and Berlin that have just started production and will ramp up this year. Even at conservative 50% year over year production increase, by 2025, Tesla will be producing equal number of BEVs to all the above manufacturers's "plans" of 2025 to 2030s combined. Yes my friend, for all practical purposes for the next decade, Tesla is not going to face competition in vehicle production, even completely ignoring Tesla's profit margins. Wait there's more, much more: Fast charging network: when time comes to purchase a non-Tesla EV with their poor range, you'll think twice. Not to mention that percentage of actually working non-Tesla fast charger stations is significantly lower than Tesla's. Tesla insurance: upfront cost of the car is one among many factors why people choose one over others. When you find out you can pay peanuts for insurance by adjusting your driving habits (for the better), Teslas become much more affordable all of a sudden. There's of course the whole autonomy thing which will further drive down the total cost of ownership by multiple factors, but I suspect you may be allergic to this topic, so Google it to find out more. TL;DR Tesla will have serious competition soon provided you live in an alternate universe where pineapples are pink, taste like bubblegum and pigs fly to work, etc. [1]: https://global.toyota/en/newsroom/corporate/36428993.html https://global.toyota/en/newsroom/corporate/36428993.html [2]: https://youtu.be/FcbIm5mwpA0?t=1040 https://youtu.be/FcbIm5mwpA0?t=1040 [3]: https://www.press.bmwgroup.com/global/article/detail/T0362353EN/delivered-as-promised:-bmw-group-hands-over-one-millionth-electrified-vehicle-and-achieves-next-milestone-in-transformation https://www.press.bmwgroup.com/global/article/detail/T036235...