The New York Times asks, "Can Tesla Ever Be More Than a Niche Automaker? Wall St. Increasingly Thinks No"
Elon is a manipulative jackass.
But Tesla has built state of the art factories for building EV cars, and their parts.
Tesla has built high-speed charging infrastructures in the US, Europe and other regions that are years ahead of the competition.
Tesla is leading the battery technology markets in scale, cost and efficiency. And they are applying their market leadership to EVs, utility-scale energy storage, and residential energy storage.
Tesla is building leading vehicles in three different segments: luxury EV sedans, luxury EV SUVs and mid-level EV sedans in most of the EV markets of the world. Tesla is moving rapidly to similarly compelling products in the EV long-haul trucking, mid-level EV crossovers, luxury EV roadsters and luxury EV pickup markets.
The world is facing an unprecedented climate crisis that will require decarbonization solutions on the scale of a world war mobilization. Part of the known solutions for decarbonization is transforming our transportation infrastructure to EVs.
Tesla, an American company, is leading the world in the development of solutions in the transportation decarbonization problem domain. Who would have thought that a new American auto company would be leading strategic and cutting edge markets that may be critical to such an indisputably important effort?
Perhaps, I'm just not a good American-style capitalist, but I believe it would a huge mistake to allow Tesla to fail because they are unable to successfully manage the US capital markets' desires for short term profits in the face of what is at stake.
So maybe we need an industrial policy in this country that will help Tesla to succeed rather than daring them to fail at every opportunity.