[wpietri]

I'm no finance expert, but Tesla being down twice as much as Apple is not what I'd call a positive sign.

We'll see how Telsa's finances go once competition heats up. A major source of profit for them is selling emissions credits to other companies. Which a) undercuts Tesla's claims to eco-goodness, and b) will surely decline as others EV sales pick up. We'll also see how much that profit is affected by recalls and lawsuits.

In many cases, high customer satisfaction is indicative of a good future, but I'm not sure that's the case here. One, their satisfaction is in the same range as a lot of car companies, including BMW and Honda [1], so it's not a competitive advantage. And two, their current user base is a technophile, early-adopter niche. It's not clear that Tesla can cross Moore's Chasm and serve a mass audience that doesn't care who Musk is.

I look forward to seeing how it turns out. But given the way Musk is flaming out in his attempts to buy Twitter, his success is clearly not guaranteed. And that's before we account for him being distracted by trying to run 3 big companies at once.

[1] https://www.theacsi.org/news-and-resources/press-releases/20...