Take all the noise out...all they can hope for is to sell as many cars as gas cars are being sold now. And 100's of % valuation of existing gas car companies.
They are just looking to capture a larger share of an existing car market.
The amount of net sales in that market is already known.
EV stocks down for eternity as every car stock becomes an EV maker.
Look at the writing on the wall. TSLA and friends will only see more competition every day. From very large, very successful companies. They barely turned a profit with essentially zero competition.
It's over for TSLA. They should immediately shift business model to niche high end market.
Detroit will eat their lunch in the blue collar Joe world.