The market cap is way too high. Most dont want an ev. Big competition coming. Barely profitable and less so as competition picks up. If they can net 1b profit per year what's that worth as a company? They likely need to sell a lot of stock to raise funds to build capacity too. I'm in the market for a car...the tlx type s is so much more exciting than an ev for the same money....
Ev will take hold when gas gets outrageous which isnt anytime in our lifetimes...