Other car makers are investing deeply into EVs too anyway. Tesla produced 300,000 cars last year. Compare that to other car makers including the big three U.S.
https://en.wikipedia.org/wiki/List_of_m … ction#2017
A lot of the value of Tesla stock is wrapped up in the faith people put on Elon Musk to Steve Jobs the car market. I think he is doing grave damage to his brand at the moment. A lot of people are now strongly emotionally invested in other car brand's EV succeeding and that is not good.
https://en.wikipedia.org/wiki/List_of_m … ction#2017
A lot of the value of Tesla stock is wrapped up in the faith people put on Elon Musk to Steve Jobs the car market. I think he is doing grave damage to his brand at the moment. A lot of people are now strongly emotionally invested in other car brand's EV succeeding and that is not good.
