> The reason is simply that the market is currently higher income earning early adopters.
I'm not sure this has a basis in reality. There is no supporting evidence for it.
On the contrary, there is evidence that both Musk's favorability rating[1] and Tesla's brand reputation[2][3] have nosedived over the last few years and especially after Jan 2025.
If you want to claim an income-value-market cause, you'll have to provide more compelling evidence.