Comment by dlisboa

What market does Tesla have?

They won't prosper in China which has the biggest car market and better cars, that also happen to be cheaper. In the US, the second largest car market, they reduced their market in half. In Europe their sales are shrinking even as total EV sales increase. In India and Brazil, also in the top 6 largest car markets, their cars are too expensive so they sell a few *dozen* cars per year.

Even if they tried to be a car company with correct valuation they'd have nothing to offer to most of the market.