[panick21_]

Claiming everybody else is delusional when you are probably no rich from speculating is always a fun claim.

The car industry is consolidating. Chrysler is one example, they simply had no chance in hell to have any EV strategy. Now they have at least something thanks to their merger resulting in PSA. More such things will happen in the next 5 years.

Go look at how many cars companies like GM used to sell, and how many they are selling now.

Tesla is more profitable then GM and Ford combined, something that people would have not believed just a few years ago (not even mention debt, growth and other things).

They are not "wrecked" but everybody in the car industry knows that Tesla together with the rise of China auto is gone be a huge hammer to the rest of the industry. But with business like this, it takes years for these things to unfold.