Model Y was the best-selling car in the world last quarter. Even if they end up with "only" 20% market share (see Apple's iPhone), their ruthless dedication to

Model Y was the best-selling car in the world last quarter. Even if they end up with "only" 20% market share (see Apple's iPhone), their ruthless dedication to operating leverage ensures that they are making more money per car than all their other competitors combined. "Competition" has been "coming" for 10 years now. Tesla also want others to succeed. It's why they open-sourced all of their patents. Tesla already owns all the "gas stations," people just don't realize it yet.