[JunkDNA]

I for one am not totally convinced by all the hype around electric vehicles. Battery capacity has never in the past been able to make gigantic leaps. It has always been slow incremental year-over-year progress. Nothing seems to indicate that situation will change any time soon, but I'd love to be wrong about that because I certainly like the idea of having a car that doesn't need oil changes and all sorts of other routine maintenance that we take as a given with internal combustion engines.

All that being said, Elon Musk is no ordinary entrepreneur and you ignore that at your own peril. I think Wall Street is making a long-term bet that he's going to pull this whole thing off. Has this author not read "The Innovators Dilemma"? This is straight out of the playbook. Capture a small portion of a market largely being neglected by the established players and use it to work into larger and larger pieces of the market, learning and refining as you go.