I think they will all die because they are too far to innovate it's why I finally bought shares after the split [1].

[1] https://news.ycombinator.com/item?id=25214484

Betting that every single one of those car companies will die is a wildly risky bet. One can believe that Tesla might replace one of them, but all of them? Be reasonable.

There are a lot of companies dedicated to EVs. The larger companies are going to have to buy the smaller winners to be relevant. The issue is the dealer network laws are going to hurt the existing companies, I think.

NKLA (seems like a scam), NIO (seems really good), and with a huge amount of SPACs buying EV companies, they are going to have lots of room to grow. Also many of these companies have been operating for a decade trying to create a product like KNDI, PLUG and they are getting closer with their products. I didn't jump into TSLA early as it wasn't profitable, but now they are making money so it fits my investment principles.

Take a look and do some research here at the competitors to the traditional car dealers [1].

[1] https://docs.google.com/spreadsheets/d/1sKMfBZNkHdvaVKmweuv3...

Or maybe you're trying to rationalize your investment thesis after buying into the stock.

- Sincerely, a TSLA hodler since summer 2019, when I bought my first car, a Tesla.

I'll be holding the stock I have, but I don't think traditional car companies are going away any time soon. On the contrary, I'm thinking of getting a Taycan, a BMW or some other EV car.

Tesla isn't overpriced per se, but once the spigot of cheap debt and printed money stops, we might see a good decline from the stock market. Not that I'm going to bet against the market either.

My investment thesis was made prior to my purchase, not after. I make a decision and I stick to it. This is a 5-year investment for me.

I didn't say you made your thesis after buying it. I'm saying you might be overweighing your thesis when you bought into the stock, being the natural hopeful optimists we all are. That being said, there's always the chance that Tesla could be an Apple for cars, which pretty well sums up my opinion about the car itself - great design, but lots of sharks in the water. Of course, Apple has it much easier.

What about all their "gas" stations? Tesla is the only one with a large recharging infrastructure that is already in place.

Comparisons that try to make Tesla seem like an ordinary car manufacturer are probably quite a bit off.

How much of an advantage does that really represent?

They are ahead of the field, their chargers are faster, but there's already thousands of other places with relatively high power chargers that can likely be upgraded as demand materializes (at a minimum, the competition is not starting from 0).