I agree. I think a lot of the 'terms of use' that come with Teslas will be problematic for them, and things like the cost of repair, the strict lack of market competition, and other issues will leave a lot of room for conventional auto manufacturers to step in.

The Model 3 will tell us a lot. If they can ramp up production fast enough, if they can fill orders quickly enough, if they can satisfy the 'ordinary' customer's service expectations, they may take their place in the long run as one of those 'traditional' auto manufacturers long-term.

There's a lot that can be missing or not at scale in the luxury car market that won't fly at the Model 3's price point.