You're right that a higher market cap is one definition of success.
Keeping it high is another.
Electrification of human transport is another.
I suspect he wants it all, and having a higher market cap right now is a way to get the other two - TSLA raised a massive amount of capital off of their high valuation.
If Tesla cars were such POS, they wouldnt be growing 50% Q/o/Q. They have the most popular selling cars in multiple countries (Model Y).
The news picks up on the .0001% of problems and those customers are always the loudest (understandably). For ever cracked front casking, there are tens of thousands of solid castings. Austin alone makes 5K Ys per week.
The article references a study by J.D. Power, which runs every year or so. Hardly newsworthy.
> If Tesla cars were such POS, they wouldnt be growing 50% Q/o/Q. They have the most popular selling cars in multiple countries (Model Y).
What kind of argument is this? Shake Shack is one of the fastest growing fast food chains, yet they sell crappy, unhealthy food. Xiaomi arguably makes phones that aren't as good as Samsung or Apple, yet they are the fastest growing manufacturer.