I fully agree that too many people believe in the "vision of Elon" but the thing is that I can get reliable fully electrical vehicles from Nissan, volkswagen or Hundai. And while it used to be that the only "cool" electrical cars you saw on the road were early adopter Teslas, that's just not the case anymore.

Tesla isn't failing because of lack of belief in the vision (Which in absolutely no way belongs to Elon btw). Tesla is failing because they took a huge bet on being able to set up a car manufacturer faster than the established market could adopt the technology.

Tesla still has a great brand to it, but it seems unlikely that they will be able to compete on price, so they might end up only having a high-end electric niche which cant justify their current inflated valuation.