[InclinedPlane]

Think about gasoline cars. People have been building those for ages, and it's not exactly difficult to make a car: you just put a frame, an internal combustion engine, and a steering system together, right? And yet it's still not that easy to make a well selling automobile.

The number of new automakers who enter the market over time and do very well is very small.

The thing about Tesla is not that they managed to make an electric car, the important thing is they managed to make one with all of the right tradeoffs and design choices to be a car that people actually wanted to buy. That's a big deal even for conventional automobiles.

Moreover, Tesla has done the most important thing possible with electric cars: they've made them no longer a joke. That will make a much bigger difference in the future decades regardless of whether Tesla continues to succeed or not. Now that electric cars are in many people's eyes a legitimate, and even perhaps enviable, vehicle to own people will start evaluating them on the merits and increasingly choosing to buy them. Which will lead to more and more successful electric car models and companies and a snowball effect in terms of the amount of cumulative profits from electric car sales which will get plowed back into R&D for electric car development. All of which is an absurdly huge win for electric vehicles.

Now, it's not as though Musk did something absurdly special with Tesla (heck, he didn't even found the company), but there's a strong argument he didn't do so with SpaceX either. The Falcon 1 and Falcon 9 are not technological marvels, they're simply, practical sensible designs well-executed. The same could be said of the Tesla vehicles. However, today it seems like simple practicality well-executed is hard to come by in most industries, and he deserves a lot of credit for putting his money and time on the line and staying the course.