TSLA is a car company does that count as a "tech" company? the only growth in the car market is from canabilizing other companies market share, which of course

TSLA is a car company does that count as a "tech" company? the only growth in the car market is from canabilizing other companies market share, which of course happens, but all electric cars are essentially the same like cell phones, and the differences are marketing differnces. TSLA may or may not expect "growth" multiples fighting for low double digit market share in a shrinking market.