[tashoecraft]

While I think Tesla is over valued, I feel your statement is one many made about Apple. That they just used commodity parts to create the iPhone. That the margins will be driven too small to maintain and they’ll never live up to their valuation.

Tesla has atleast a 3 year advantage, a very strong hold on battery production, extreme brand loyalty, and an iteration cycle that puts all other car companies to shame. They’ve caught an entire industry with their pants down.