I have no doubt about EV’s future. But we are evaluating Tesla the business here. At the end of the day it’s about how much cash you can make from each car, and how many cars you can make. Simple as that.
I can’t see how making 80k x 4 cars in a year can be worth 100B market cap. Another car firm making 11M cars is only worth 75B. Is a Tesla car 45 times more profitable than a VW car?